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

Offering United Bank for sale still pending: chairman

CBE, other parties still studying issue of sale, we have not received…

Hossam Mounir

HDB records gross profits of EGP 491.2m for 2015

The HDB's loans portfolio increased by 15.5% to record EGP 8.2bn, while…

Hossam Mounir

Bankers expect interest rates on savings instruments in pounds to rise

The Monetary Policy Committee of the CBE decided to raise deposit and…

Hossam Mounir

Ministry of Finance denies applying VAT on international schools

The news was heavily criticised by social media users

Sara Aggour

Four companies apply to import natural gas

EGAS is studying their credentials, official says

Mohamed Adel

Egyptian Banking Institute organises SME development workshop 

The workshop also reviewed the Malaysian experience in the field of developing…

Daily News Egypt

Banque du Caire aims to inject EGP 2bn into SMEs during 2016: Chairperson

El-Zahid said the bank has been supporting these projects for more than…

Hossam Mounir

320 ships transit Suez Canal with cargo load of 16.4m tonnes in week of 11 to 17 March

The average number of ships that transited the canal per day reached…

Daily News Egypt

UAB, World Bank to conclude study on initiatives to support SMEs

There are serious steps being taken to support SMEs in Egypt, Sudan,…

Hossam Mounir

Nissan to maintain its 24-hour daily shift: chairperson

The company has plans to expand in Egypt but is waiting for…

Sara Aggour