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

Cooperation between Intel and Education Ministry in 27 governorates

Head of industry sector at Al-Kobba scientific center at Bibliothec Alexandria Reem…

Shaimaa Al-Aees

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee’s (MPC) meeting took three hours Thursday and ended…

Hossam Mounir

World Bank agrees on $3bn loan to support Egypt’s economic development

World Bank (WB) agreed to give Egypt a $3bn loan to support…

Shaimaa Al-Aees

Coordinating council for monetary policies held its first meeting

Council reviewed current situation of state general budget

Hossam Mounir

Finance Ministry puts a strategy to manage public debt until 2018: Dimian

Strategy includes meeting financial needs with low cost and supporting the government…

Amira El-Fekki

New IFC Report examines challenges to microfinance in the Arab world

By Daily News Egypt A new study from IFC, a member of…

Amira El-Fekki

$8bn investments funded by sovereign funds, $1.5bn for service development projects: Investment Minister

First tranche of investments will be implemented over Q1 of 2016

Amira El-Fekki

FEP Capital is negotiating to list two companies valued at EGP37m in NILEX.

FEP Capital, previously known as White House Securities, is negotiating to list…

Amira El-Fekki

Sawiris seeks to acquire CI Capital

Negotiations are in advanced phases, deal worth around EGP 1bn through Beltone…

Gehad El-Shaik

Government expands ministers’ authorities in direct assignment operations

The cabinet approved in its weekly meeting Wednesday new modifications in the…

Mohamed Ayyad