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

EGP 2.5bn syndicated loan to Majid Al Futtaim

Alex Bank and the National Bank of Abu Dhabi will act as…

Daily News Egypt

Banque Misr inaugurates regional headquarters and new branch in Dubai, UAE

Chairman of Banque Misr Mohamed El Atriby inaugurated the Dubai branch and…

Daily News Egypt

Telecom Egypt reshapes its board of directors, chooses its executives

Maged Osman resigned from Orange, possibility he will be appointed as chairman of board…

Mohamed Alaa El-Din

Cabinet sends FY 2016/17 budget to Al-Sisi for approval

Minister of Finance expects 9.9% state budget deficit, 5.2% economic growth

Mohamed Ayyad

Cabinet reveals plan to borrow EGP 291.25bn from banks in next 3 months

Ministry of Finance reduces term of loans to five-year maximum, cancels seven…

Hossam Mounir

Tourism Fund adopts plan to encourage charter flights in Hurghada, Sharm El-Sheikh: Ministry of Tourism

Required occupancy ratios decreased to provide incentives for flights coming to Sharm…

Abdel Razek Al-Shuwekhi

ETF prepares to participate in tourism investment forum in Dubai

Arab inbound tourism to Egypt must not fall to less than 3…

Abdel Razek Al-Shuwekhi

Prime Minister looks into advancement plan for textile industry on Tuesday: cabinet

Establishing zones for textile industries close to rural and agricultural areas is…

Mohamed Ayyad

Sawiris and Tarek Amer fight: flashback to previous battles with the state?

Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…

Doaa Farid

EBRD provides $100m to Savola’s United Sugar Company of Egypt

EBRD recently signed several loans and agreements with the Egyptian government, companies…

Daily News Egypt