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

Exchange firm officials prepare for expanded meeting with CBE

El-Abyad denies any agreement between CBE and exchange firms on a specific…

Hossam Mounir

Migration to electronic payments added nearly $300bn to GDP of 70 countries: Visa-commissioned study

Electronic payments added $10m to Egypt’s GDP and created 2,300 jobs per…

Daily News Egypt

MSCI index surges once again

On Monday, the index opened the trading week at 790.97 and increased…

Daily News Egypt

Gulf markets’ performance remains positive

During the past week, Tadawul registered a 4.02% increase in its performance.…

Daily News Egypt

Amer condemns media for promoting exaggerated dollar prices in informal market

We cannot consider the process of dollar trade outside the banking sector…

Hossam Mounir

Minister of International Cooperation discusses support of 1.5m acre project with FAO

A number of officials in the organisation, who are currently visiting Egypt,…

Sherine Taha

Graviton Capital looks into investing in new energy projects in Egypt

The firm allocates $15m-$20m per investment, but investment will only take place…

Mohamed Ahmed

SVI addresses IFC, EBRD, NBE to contribute to venture capital fund

The Ministry of Communications expressed its support for the company's initiative to…

Mohamed Ahmed

Communications Ministry looks into offers from coalitions qualified for 2 PPP tenders

Eight coalitions are qualified, but only two will be selected, says assistant…

Mohamed Alaa El-Din