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

QNB-Alahli retail banking portfolio records EGP 13.09bn at end of 2015

The bank offers more than 40 different retail banking products, with more…

Hossam Mounir

ITIDA finances 78 Computer and Communications Engineering senior projects

ITIDA also announced that it has started receiving a new batch of…

Mohamed Alaa El-Din

Madaar Development to invest EGP 700m in Azha in 2016

Gasser Bahgat, chief executive of the company, said in a press conference…

Daily News Egypt

United Bank aims to expand SME financing in 2016

Bank is reconsidering investment policies and will open 12 new branches to…

Hossam Mounir

HDB aims to inject EGP 500m in retail loans over 2016

Retail loans constitute 58% of the total loans portfolio in the bank,…

Hossam Mounir

Chinese-Egyptian economic relations align as ministries sign MOUs with Chinese companies

The Ministry of Investment and Ministry of Trade and Industry and the…

Mohamed Alaa El-Din

CIB-Egypt launches innovative digital products, aims to attract more new customers during 2016

CIB puts simple conditions on opening accounts for youth to attract them…

Hossam Mounir

Bank’s proposals published to break deadlock of CBE’s retail banking regulations

Banks request CBE not to impose these regulations on all customers and…

Hossam Mounir

Egypt negotiates with Kuwait to renew contract to supply 3m barrels per month

Crude oil imported from Kuwait Petroleum Corporation helps save fuel in local…

Mohamed Adel

EBRD continues supporting Egypt’s efforts to attract FDI in 2016

Egypt is important for EBRD, ranks number 4 in terms of investment…

Shaimaa Al-Aees