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

Flotation of the pound, raising interest rates limit growth of retail banking: banker

Attracting new customers, including university students, and offering modern banking technology are…

Hossam Mounir

Mansoura Poultry discuses establishing new farm in Wadi El-Natrun

The farm is planned to be established with investments of EGP 100m,…

Mohamed Ahmed

GB Auto increases car prices 3 times in November, causes temporary shock in market: Ghabbour

Sales will return to normal within a few days, says the chairperson

Mohamed Ahmed

Bank Audi Egypt aims to increase SMEs portfolio to EGP 6bn in 4 years: deputy chairperson

Current portfolio stands at EGP 1bn, supported by strong specialised SMEs financing…

Hossam Mounir

279 ships transit Suez Canal in 6 days carrying 15.3m tonnes

Suez Canal traffic data showed that 279 ships transited the canal, with…

Mohamed Ahmed

Ashraf Salman launches Aur Capital, targets EGP 21bn of investments over 5 years

Ashraf Salman, former minister of investment, has begun establishing Aur Capital Investment…

Daily News Egypt

Minister of Industry to grant temporary industrial licences for existing plants

IDA issues one-year permits within five days of completing the necessary documentation,…

Daily News Egypt

NBE raises limits on credit card use abroad

Hazem Hegazy, the head of retail banking at the National Bank of…

Daily News Egypt

Finance Ministry targets to finish 75,000 disputes by applying arbitration law

Sources told Daily News Egypt that 25 tax committees were formed for…

Ahmed Farahat

Souq.com aims to sell 1 million products on White Friday

Roughly 10,000 products will receive discounts on White Friday, says Alsahi

Mohamed Alaa El-Din