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

Banks submit SME loan programmes to CBE

The CBE's January announcement mandated that banks must direct a minimum of…

Hossam Mounir

Companies express concern over decision to prohibit international credit card transactions

CIB prohibited international credit card transactions as trial before decision is officially…

Mohamed Alaa El-Din

AAIB arranges EGP 2.5bn syndicated loan for Holding Company for Food Industries

Bank attracts EGP 25bn new deposits during first nine months of 2015

Hossam Mounir

High demand pushes Careem Egypt to amend price of service

Additional costs will be fully given to Careem drivers “to encourage them”…

Doaa Farid

Gulf’s markets post an average 3% increase

The slightest increase in the Gulf’s stock markets was recorded in the…

Daily News Egypt

298 ships traverse Suez Canal in 1 week

The ships had a cumulative cargo load of 18.4m tonnes

Mohamed Ahmed

EGX-30 expected to range between 5,900 and 6,200

Investors still wait for positive news to return to their purchasing behaviour

Sara Aggour

NBE targets EGP 65bn SMEs loans portfolio by end of 2020: Deputy Chairman

Bank invested $1.5bn to support importers, China Development Bank received entirety of…

Hossam Mounir

SODIC and Heliopolis Housing sign Contract for Co-development of 655 acres in New Heliopolis

Minimum guaranteed revenues are estimated at approximately EGP 5.01bn to be paid…

Shaimaa Al-Aees

Visa to open office in Côte d’Ivoire to accelerate digital Payments

The office will facilitate engagement with key stakeholders in the region

Daily News Egypt