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 and Russia to form alliance for silos and grain storage

Over 15 investors expressed their desire to participate in the Damietta logistics…

Daily News Egypt

EBRD to provide $ 260m in direct financing to SMEs in 2016

EBRD aims to provide greater access to financing through domestic banks’ branch…

Shaimaa Al-Aees

MoUs to be signed during 10th joint Egyptian-Russian Economic Committee meeting

Sixty of the largest Russian companies are set to visit Cairo next…

Daily News Egypt

Final version of MoUs between Egypt and Saudi Arabia are ready: Cooperation Minister

Egyptian Saudi Coordination Council to be established to promote cooperation between both…

Daily News Egypt

NREA to secure €180m in investment for Siemens wind power plant by February

German company Siemens will add a capacity factor of 2000 megawatts  of…

Mohamed Farag

NBK records $929.7m in net profits for 2015

The group aims at strengthening its position in Egypt and increasing growth…

Hossam Mounir

CBE demands that banks tighten security measures around their offices on 25 January

Falcon deploys fast intervention cars around institutions it secures to support its…

Hossam Mounir

Limited impacts for recent CBE lending controls: Beltone

Reducing maximum loan per customer and bank contributions in capital market funds…

Hossam Mounir

Siemens signs compliance agreements with partners for Egyptian energy projects

Signed agreements provide a clear statement that Siemens and its partners stand…

Shaimaa Al-Aees

11.8% decline in trade balance deficit: CAPMAS

Imports declined by 8.1% to amount to EGP 47.26bn during October 2015…

Daily News Egypt