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

Investment fund to finance stalled factories in 2 weeks: Industry minister

Initial capital for fund at EGP 150m, programme to support exports studied,…

Shaimaa Al-Aees

EGPC opens revolving letter of credit pertaining to North Alexandria gas

Fines to be imposed on BP and WRE DEA if linking wells…

Mohamed Adel

Armed forces to assist government bodies in lowering prices: Al-Sisi

Notable steps taken by end of November to address price increases

Sara Aggour

Ethiopia eager to sign trade agreements with Egypt

Ethiopia is looking to increase value added to its exports rather than…

Daily News Egypt

Nearly 2,000 Vodafone UK customers affected by cyberattack

Hackers have targeted mobile phone company Vodafone UK in a cyberattack that…

Deutsche Welle

Individuals pay for government’s ambition through taxes

Around 25% of budget revenues are from sales taxes, indirectly obtained from…

Doaa Farid

Banque Misr tops social media popularity list on Facebook and YouTube

The bank was also ranked the first on the list of popular…

Hossam Mounir

Amer meets with banking leaders in preparation for CBE position

New governor holds meetings with bank leaders and representatives of various economic…

Hossam Mounir

Tarek Amer holds consultations to form CBE’s board

The head of a public bank is expected to serve as a…

Hossam Mounir

Amer’s most prominent challenge is employing liquidity in local currency at banks

Banks offered to invest EGP 252bn in CBE deposits for one day…

Hossam Mounir