Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Brokerage companies pin hopes on flotation, government offerings to improve exit negotiations

Executives confirm that acquisitions are now based on minimum value of brokerage…

Mohamed Ahmed

United Bank increases number of branches in Egypt to 51

The bank aims to be present in important economic and social areas,…

Daily News Egypt

Banque du Caire to open 18 new branches in 2017: chairperson 

The bank's expansion plan comes in the framework of the implementation of…

Hossam Mounir

Uncertainty clouds future of interest rate on Egyptian pound

The Monetary Policy Committee will hold its last meeting in 2016 on…

Hossam Mounir

10 banks offer EGP 6bn syndicated loan to Etisalat Egypt

A banking alliance of 10 major banks signed a syndicated long-term loan…

Daily News Egypt

How a fluctuating oil market is likely to impact Egypt

The oil market has been in decline for a considerable period of…

Daily News Egypt

Could the visit of Libya’s National Oil Corporation chairperson to Cairo solve Egypt’s oil imports challenge?

  On Wednesday, the chairperson of Libya's National Oil Corporation (NOC) visited…

Mohamed Samir

Military accounts for 1.5-2% of Egypt’s economy: Al-Sisi

The president dismissed suggestions about the military having a share of 50%…

Hisham Salah

Government reviews 3 scenarios to sign Dabaa nuclear plant contract

Partial signing at end of the year, postponement to March, or cancellation…

Mohamed Farag

Will the EGX achieve more record increases this week?

Experts said they cannot determine a specific vision for the EGX following…

Mohamed Ahmed