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

Mortgage Finance Fund looks into 20,600 citizens competing for 14,400 housing units

The fund rejects 8,400 applications in New Cairo and 6th of October…

Daily News Egypt

Samsung increases the price of mobile, tablet, computer, smart watches

Samsung Electronics follows a "fair pricing policy" in the local market, says…

Mohamed Alaa El-Din

EFSA rejects investors’ demands for end of GDR restrictions

EFSA to reconsider procedures governing GDR profits, repatriation, double-entry stocks

Mohamed Ahmed

ITIDA finances over 10 programmes to support SMEs

Agency assigns EGP 40m the EXPORT IT programme

Daily News Egypt

Members of ICT, industry look to CBE initiative for growth

Members of both the industrial and commercial sector and the information and…

Daily News Egypt

SMEs comprise 9.5% of United Bank’s loan portfolio by end of December 2015

We target 25% increase in funds directed to SMEs from the total…

Hossam Mounir

Lack of financing main obstacle facing start-ups and small companies in IT sector

Sector suffers from a shortage in number of “angel investors”, says El-Gebaly

Daily News Egypt

Banque Misr targets increase in SMEs loans to EGP 1.5bn by end of FY 2015/2016

The bank provides 55% of the total funds granted by banks as…

Hossam Mounir

Will CBE’s initiative solve funding concerns for IT companies?

Egyptian banks, however, are seeking to make their loans more competitive with…

Mohamed Alaa El-Din

IDBE launches 11 products, programmes to finance SMEs: bank chairperson

Loans to SMEs represent 16% of bank’s total loan portfolio, which we…

Hossam Mounir