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

What do leaders of Arab banks in Egypt say about the Egyptian market?

Reports by global institutions stress that Egypt has made noticeable progress over…

Hossam Mounir

Heads of banks explain Arab, foreign banks’ attraction to Egyptian market

Egypt is a promising market and has very few bank accounts compared…

Hossam Mounir

UBF to host 4th Middle East Banking Forum on Monday

The forum is held in cooperation with Financial Times Live, The Banker,…

Hossam Mounir

DNE news brief: 12 November 2016

https://youtu.be/5p5DCeQpR58

Daily News Egypt

IMF approves $12bn loan: what’s next for Egypt’s economic reform programme?

These reforms aren’t easy but they will unleash the potential of Egypt’s…

Mohamed Samir

$500m negotiations with Indonesia indicate Egypt not seeking finance from Gulf countries: expert

In order to finance its budget deficit, the Egyptian government is negotiating…

Hisham Salah

Government reaches settlement with ArcelorMittal to avoid paying $600m in compensation

The Egyptian government, represented in the chairperson of the Industrial Development Authority…

Daily News Egypt

NREA to offer tender for solar plant in Kom Ombo, operations to start next year

The French Development Agency is financing the project with €40m

Mohamed Farag

Egypt successfully secures $12bn IMF loan, to be repaid over 10 years at interest rate of 1-1.5%

The economic reform programme is by the Egyptian government for the Egyptian…

Mohamed Samir

Blom Bank enters asset management sector through ‘Blom Egypt for Financial Investments’

The bank works to complete the procedures for establishing the new company…

Mohamed Ahmed