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

Industry ministry bans rice exports starting 4 April

The ministry is coordinating with all ministries to tighten restrictions on all…

Shaimaa Al-Aees

Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016

Net inflows of foreign direct investment in Egypt rose from $ 2.6bn…

Shaimaa Al-Aees

69% of real estate professionals confident in market growth

Investors and real estate professionals have much to be optimistic about

Shaimaa Al-Aees

Congo formalises Afreximbank membership to boost intra-African trade

In 2013, Afreximbank had disbursed over $ 220m to Congolese entities, says…

Shaimaa Al-Aees

EGP 2.5bn syndicated loan to Majid Al Futtaim

Alex Bank and the National Bank of Abu Dhabi will act as…

Daily News Egypt

Banque Misr inaugurates regional headquarters and new branch in Dubai, UAE

Chairman of Banque Misr Mohamed El Atriby inaugurated the Dubai branch and…

Daily News Egypt

Telecom Egypt reshapes its board of directors, chooses its executives

Maged Osman resigned from Orange, possibility he will be appointed as chairman of board…

Mohamed Alaa El-Din

Cabinet sends FY 2016/17 budget to Al-Sisi for approval

Minister of Finance expects 9.9% state budget deficit, 5.2% economic growth

Mohamed Ayyad

Cabinet reveals plan to borrow EGP 291.25bn from banks in next 3 months

Ministry of Finance reduces term of loans to five-year maximum, cancels seven…

Hossam Mounir