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

EFG Hermes assigns new CEO to finance division

The development process will be accelerated in the finance division’s new projects,…

Daily News Egypt

International pressure builds on Egypt to liberalise exchange rate

A floating exchange rate is likely in Egypt’s future due to pressure…

Nicholas Mehling

IMF deal would be credit positive for Egypt: Fitch Ratings

Government is explaining the importance of the loan to parliament, not concerned…

Shaimaa Al-Aees

Up to 50% of metro carriages are locally manufactured: Trade and Industry Minister

SEMAF delivered 11 air conditioned stainless steel metro carriages for the ERA

Shaimaa Al-Aees

NI Capital evaluates 5 oil companies to offer 20% of their shares on the EGX

The list includes Sidpec, AMOC, and MOPCO, while Petrojet may follow in…

Mahmoud Hashem

Car companies halt sales, adjust pricing policies

The government should set a special US dollar price for car imports,…

Ahmed Amer

Parliament’s Health Committee approves ‘two-price policy’ for medication

This solution will overcome the increasing lack of medication in pharmacies, says…

Abdel Razek Al-Shuwekhi

Tahya Misr to reveal results of its work, future plans in September

We seek to establish strong companies with all institutions, in order to…

Hossam Mounir

An Egyptian to chair IMF’s SMEs division in Washington

We aim to provide financial and technical support to those responsible for…

Daily News Egypt