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

Dollar deposits jump 2130% following pound devaluation: Amer

Depreciating the pound is a corrective measure in response to currency market…

Mohamed Ayyad

CBE, international institutions begin assessing AAIB, Banque du Caire in preparation for IPO

Timing, price, and promotion are important factors for a successful launch on…

Hossam Mounir

Banks to receive 1.5-4.75% commission in return for fixed exchange rate for foreign investment

This mechanism allows foreigners to contract with banks on a specific exchange…

Hossam Mounir

United Bank awarded best organisational re-structural bank in the market

Chairman and managing director of the bank, Ashraf El Kady, received the…

Daily News Egypt

Are CBE’s initiatives enough to develop SMEs?

Daily News Egypt speaks to experts on how to support and develop…

Hossam Mounir

National Fund Management Company (Al-Ahly) suggests establishing a stock fund: Khalifa

Company negotiating with EgyptAir and Arab Contractors to manage their insurance funds

Mohamed Ahmed

Executive regulations of Movable Guarantees Law to be submitted within 1 month

The executive regulations include technical measures, such as organising the electronic registry…

Mohamed Ahmed

Gulf market hit by wave of declines

A minimal surge was noted by the Kuwait Stock Exchange (KSE), which…

Daily News Egypt

After two days of surges, MSCI notably declines

Similar increase and downturns were experienced on Tuesday, the week’s second trading…

Daily News Egypt

Economists deem plan to attract $30bn in FDI by 2030 a ‘difficult venture’

Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance…

Mohamed Ayyad