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

Unflagging EGP decline threatens Egypt’s economic growth

US dollar is forecasted to break EGP 10 threshold

Doaa Farid

Government banks issue domestic US dollar bond certificates and prepare international euro bond certificates

NBE, Banque Misr, Banque du Caire will offer three-year certificate to Egyptians…

Hossam Mounir

EGX-30 closes with 0.5% surge, unaffected by CBE’s decision

Analysts argue that positive news would encourage investors to buy

Daily News Egypt

MPs suggest change in monetary policy punctuated by floating exchange rate

House of Representatives will request Governor of CBE disclose his strategy in…

Abdel Razek Al-Shuwekhi

Government banks issue CDs to domestic market in US dollar

NBE, Banque Misr, Banque du Caire will offer three-year CD to Egyptians…

Hossam Mounir

Floating pound would resolve eroding dollar reserves, but it is not feasible: EFG Hermes

Our expectations for economic growth in the current fiscal year align with…

Daily News Egypt

31% of business players expect Egypt, Saudi Arabia & Qatar to deliver the greatest returns over the next 3 years

Top global institutional investors and leading MENA companies see best three-year returns…

Daily News Egypt

Beltone Private Equity Rebrands as BPE Partners and Reaffirms Commitment to Investing in Egyptian Opportunities

"The new brand reflects our basic investment thesis which remains committed to…

Daily News Egypt

Government must embrace technology: Sawiris

Uber claims to focus is on personal car users not taxi drivers,…

Sara Aggour

CBE removes caps on foreign currency deposits, withdrawals for individuals

The central bank has issued new regulations to fund acquisitions

Hossam Mounir