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

DNE news brief: 10 November 2016

https://youtu.be/fVmZGpmz_Dc

Daily News Egypt

Size of Egypt’s technology market to reach EGP 26bn by 2020: Afifi

Devices represent about 50% of the market, while services represent about 30%,…

Daily News Egypt

Shell suspends El-Borollos production next month to link pipeline to treatment station

South Alexandria Project to be linked to El-Borollos gas treatment station

Mohamed Adel

Egypt Post increases interest rate on savings accounts to 10.25%

Total value of deposits and invested money in Egypt Post amounts to…

Mohamed Alaa El-Din

Industry and Trade Ministry targets 8% industrial growth by 2020

We target to increase private investment from EGP 43bn to nearly EGP…

Shaimaa Al-Aees

Inflation rate increases by 1.8% in October: CAPMAS

The annual inflation rate reached 14% in October

Daily News Egypt

Federation of Egyptian Banks to meet Sunday in presence of CBE governor

The meeting is planned to discuss the most significant issues in the…

Hossam Mounir

CBE concludes financing deal worth $2bn from international banks

The transaction bolsters the liquidity and amount of the foreign currency reserves,…

Hossam Mounir

CBE instructs banks in some areas to remain closed on 11 November

The CBE’s measure comes as a precaution for violence that may occur…

Hossam Mounir

Egypt issues private bonds worth $4bn in Irish Stock Exchange

The aim is to ease pressure on domestic funding sources and reduce…

Daily News Egypt