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

MSCI experiences a week of ups and down

The trading week opened at 846.7 but fell down during the first…

Daily News Egypt

UAE to support Egypt’s foreign exchange reserves with $2bn funding: Abu Dhabi crown prince

The CBE announced that the balance of the foreign exchange reserves increased…

Hossam Mounir

271 ships transit Suez Canal with 14.8m tonnes in last 6 days

The average number of the ships that transited the canal daily recorded…

Mohamed Ahmed

EFSA proposes financial services companies be involved in CBE microfinance initiative

Financial services companies with experience in financing small businesses can link banks…

Mohamed Ahmed

Local producers report inability to supply wheat to silos 

Minister of Agriculture issued orders to form committees to survey unregistered wheat…

Daily News Egypt

High interest rate hinders banks in Egypt from obtaining foreign loans

Foreign institutions require high return interest rates of 5.5%, which is unsuitable…

Hossam Mounir

Google helped retrieve, delete data of more than 200,000 devices daily in 2015

The company screened 6bn applications installed on Android devices

Mohamed Alaa El-Din

EGX-30 to range between 7,600 points and 8,100 points

Market capitalisation of listed stocks increased by 2.2% this past week

Sara Aggour

Financing is most important requirement for developing SMEs: UAB

CBE initiatives target facilitating required financing for these projects, says CBE deputy…

Hossam Mounir