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

World Bank: Newly approved loans followed by lowered economic growth prediction

World Bank Country Director for Egypt, Yemen and Djibouti Asad Alam said…

Daily News Egypt

Moody’s appraise banking regulations, insurance in Egypt

The report explained that these regulations will mitigate the credit risk in…

Daily News Egypt

GCC fiscal pressures could affect supporting Egypt: Standard & Poor’s

High domestic debt, wide fiscal deficits, low income levels, and institutional fragility…

Daily News Egypt

Budget deficit will be above government expectations: Fitch Ratings

Mega projects were a catalyst for some private sector investments and helped…

Doaa Farid

$500m for development of industrial zones in Sohag, Qena governorates

Programme aims to develop infrastructure in industrial areas in Qena and Sohag…

Daily News Egypt

Oil company investments worth $7bn for FY 2016/2017

Gas production to increase to 4.5bn cubic feet per day in 2016

Mohamed Adel

Cisco participates in investment fund for emerging companies over 2016

Internet of Things and smart community solutions are the most prominent investment…

Mohamed Alaa El-Din

Egyptian government provides optimistic view of ICT sector: Intel

Clouding computing and Internet of Things are the most prominent investment opportunities,…

Mohamed Alaa El-Din

Banking sector witnesses major shift in methods of providing services

Greater reliance on technology alongside declining role of traditional branches

Hossam Mounir

Cisco targets 10%-20% growth in business over H1 of 2016

We will focus on providing communication solutions for smart cities, says Cisco…

Mohamed Alaa El-Din