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

Banque Misr aims to boost SME loan portfolio to EGP 30bn in next few years

Banque Misr aims to increase the size of its small- and medium-sized…

Hossam Mounir

NBE aims to increase SMEs loan portfolio to 70bn in 4 years

The National Bank of Egypt (NBE) aims to increase the size of…

Hossam Mounir

MIDB aims for EGP 350m in profits by end of year: managing director Amr Tantawi

As FEB representative and newly-appointed EGX board member, Tantawi will coordinate between…

Hossam Mounir

IMF loan agreement means Egypt is able to pay it back: Al-Sisi

The government will provide subsidies for the poor, Egyptians can bear country's…

Hisham Salah

Mubasher Securities Portfolio Management negotiates managing 2 private insurance portfolios worth EGP 460m

Ehab Rashad, managing director of Mubasher Securities International and board member of…

Mohamed Ahmed

Edita plans to expand in Gulf markets supported by new brands

Despite the sugar shortage, the company managed to secure enough sugar required…

Mohamed Ahmed

Government focused on reprioritising public spending to ensure efficiency: El-Garhy

Investors, representatives of the international business community showed interest in Egypt’s international…

Mohamed Samir

Health Committee to summon minister of health on soluble medicines shortage

Health Ministry is negotiating with Nile Pharma and Nasr Pharma to increase…

Abdel Razek Al-Shuwekhi

CBE vows to ‘punish’ banks lagging behind in SME support

The Central Bank of Egypt (CBE) vowed to punish banks that lagged…

Hossam Mounir

EGX to break through resistance level of 8,500 points

Analysts and technical reports predict that stability on this level will make…

Mohamed Ahmed