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

Ayadi to contribute 6 projects in of agriculture and SMEs sectors next week

The value of contribution to the Faltering Factories Fund will be decided…

Mohamed Ayyad

Egypt classified as medium-risk country: Kaissi

The value premium is 1.5% of any export contract that ICIEC insures

Shaimaa Al-Aees

Egypt redraws investment zones to streamline administrative oversight

GAFI approved creating workshops which aim to achieve a number of missions…

Mohamed Ayyad

Oil prices register most significant decrease in 12 years, Gulf’s stock markets retreat

Egypt will work on increasing its oil imports to make use of…

Mohamed Adel

Wadi Degla provides EGP 22m for Zahraa El Maadi tunnel expansion

Wadi Degla recently developed River Walk Square in New Cairo

Daily News Egypt

As dialogue for VAT continues, details remain vague

Finance Ministry refuses to disclose tax price, bases its refusal on fear…

Sara Aggour

CBE restructures investing money in banks

Shrinking bank investment in investment funds, lowering maximum level of loans’ amounts…

Hossam Mounir

Youth aged 16-18 spends 17.3 hours per day on electronic devices: PayFort

Youth spend 35% of their time on smartphones, according to report

Mohamed Alaa El-Din

CBE controls bank operations by applying sticker obligations

CBE prohibits Egyptian banks from offering retail loans with monthly instalments that…

Hossam Mounir

Phase 2 of the Primera Compound to be implemented in current quarter for EGP 70m

MNHD is considering partnerships with developers for non-residential projects during 2016, says…

Shaimaa Al-Aees