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

Five banks acquire 59.6% of banking sector total assets: CBE

Top ten banks acquire 72.4% of total deposits, 67.6% of loans, from…

Hossam Mounir

EFG-Hermes starts promoting Cleopatra Hospital’s IPO in four international markets

The four markets include the Gulf with Dubai at the forefront, London,…

Mohamed Ahmed

TCI: ‘VW management rewarded for failure’

One of Volkswagen's shareholders, London-based hedge fund TCI, has lashed out against…

Deutsche Welle

Weak US job figures add to market uncertainties

Fresh figures have shown the US economy has added far fewer jobs…

Deutsche Welle

Korea aims to increase investments in Egypt to $3bn: Korean minister of industry

Cooperation protocol signed between the two countries in medium industries

Hossam Mounir

UAE’s Al-Nebras Group launches 2020 acre agricultural city in Beni Suef

The project aims to distribute land to investors, giving them 60%, while…

Daily News Egypt

14 banks among Egypt’s top taxpayers for this season: head of Large Taxpayer Center

For the current tax season 2015/2016, 14 banks came among Egypt's top…

Daily News Egypt

23.1% increase in value of financial investments for banks: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Thursday…

Hossam Mounir

CBE expects UAE deposit before end of May

The CBE's governor says Egypt has not received any deposits from abroad…

Hossam Mounir

Cleopatra Hospital begins procedures to offer part of its shares on EGX

The 40m shares are 25% of the company's total capital listed on…

Hossam Mounir