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

Egypt’s electronic payment market ranks third largest in Arab region

The Arab market grew by 23.3% and the market reached $5.1bn in…

Mohamed Alaa El-Din

Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE

Industry at forefront of economic sectors funded by banks followed by services,…

Hossam Mounir

CBE provides $120m to cover pharmaceutical product import requests

The CBE called banks to cover their customers' requests with the US…

Hossam Mounir

Declining purchasing power diminishes mobile phone sales by 30%

We cut down our marketing budget by 70% to support the difference…

Mohamed Alaa El-Din

EGAS to rent gasification ship located in Jordan with 500m cubic feet capacity

Gas line with Amman to re-open this summer, importing 200m cubic feet…

Mohamed Adel

Government raises prices of medicine under EGP 30 by 20%

Pharmaceutical companies have demanded the government increase the prices of medicine after…

Mohamed Ayyad

Council to coordinate between CBE, Finance Ministry to legalise informal sector

Bylaws to govern the agricultural SEs to be issued within days

Hossam Mounir