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

Entrepreneurs challenge economic conditions with creative ideas

MENA entrepreneurs are ready for global markets, says Eventtus CEO

Mohamed Alaa El-Din

CBE to reveal its foreign exchange reserves this week

Debt repayment to Qatar and Paris Club countries is likely to impact…

Hossam Mounir

Banks acquire 77.87% of Finance Ministry’s treasury bills by end of March

Banks’ investments in bills amount to EGP 471.358bn at the end of…

Hossam Mounir

Government borrows more than EGP 1.1tn through treasury bills and bonds in FY 2015/16

Ministry of Finance reveals its intention to borrow EGP 317.5bn from banks…

Hossam Mounir

New cement licenses threaten future Misr Cement market share: Beltone

Beltone said that ASEC contributed roughly 60% to Misr Cement's revenues, which…

Mohamed Ahmed

Sabaa Pharmaceuticals spends EGP 15m from benevolent loan to stimulate production

Sabaa announced in May 2014 that senior shareholders planned to lend it…

Mohamed Ahmed

70% decrease in production capacity due to energy and clinker shortage at Alexandria Portland Cement

Alexandria Portland Cement owns three production lines: one line in Alexandria with…

Mohamed Ahmed

Financial Brokerage Group tops brokerage firms in H1/2016 with 9.5% market share

The Commercial International Brokerage Company (CIBC) came in second place through executing…

Mohamed Ahmed

EGX expects to move between 6,900 and 6,990 points during Sunday trading

The EGX closed on Thursday at 6,942.52 points, with a 0.15% increase.

Mohamed Ahmed

Foreign investors register net purchases of EGP 2.137bn on EGX over 3 months

EFSA receives 103 new complaints against financial supervisory agencies and solves 106…

Mohamed Ahmed