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

CIB targets to increase number of SME customers to 80,000 in 4 years

The bank finances these projects by providing EGP 50,000 to EGP 25m,…

Hossam Mounir

Lack of financing hinders SMEs in Egypt

The lack of a unified body responsible for this sector is the…

Hossam Mounir

Parliament’s economic committee to discuss AMF’s loan on Tuesday

The loan is worth $243m with an interest rate of 1.2% and…

Combating fraud: Visa working to ensure safe transactions for cardholders

Visa has analysed and risk scored more than 112bn transactions annually, says…

Hossam Mounir

2.5m SMEs in Egypt providing 75% of jobs: EBI executive

We face great economic challenges and the solution lies in supporting these…

Hossam Mounir

EFSA postpones its decision in Beltone-CI Capital acquisition deal, pending resolutions on CIB case and Sawiris violation

EFSA is only concerned about the violations that require reconciliation or resorting…

Mohamed Ahmed

50% increase in prices of second-hand cars

Cars in EGP 60,000 to EGP 90,000 price range are in most…

Ahmed Amer

MINI launches its new convertible at EGP 450,000

The MINI Convertible’s engine is equipped with a turbo air charger of…

Daily News Egypt

Government buys 2.742m tonnes of local wheat, expecting supply to increase in coming days: cabinet

The state will examine local wheat to prevent it from mixing with…

Mohamed Ayyad

Beltone complains to EFSA about EGX for cancelling several transactions on its shares

The release stated that the chairperson of the Egyptian Exchange (EGX) had…

Hossam Mounir