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

New IFC Report examines challenges to microfinance in the Arab world

By Daily News Egypt A new study from IFC, a member of…

Amira El-Fekki

$8bn investments funded by sovereign funds, $1.5bn for service development projects: Investment Minister

First tranche of investments will be implemented over Q1 of 2016

Amira El-Fekki

FEP Capital is negotiating to list two companies valued at EGP37m in NILEX.

FEP Capital, previously known as White House Securities, is negotiating to list…

Amira El-Fekki

Sawiris seeks to acquire CI Capital

Negotiations are in advanced phases, deal worth around EGP 1bn through Beltone…

Gehad El-Shaik

Government expands ministers’ authorities in direct assignment operations

The cabinet approved in its weekly meeting Wednesday new modifications in the…

Mohamed Ayyad

US Federal Reserve raises interest rates on dollar to 0.5%

The US Federal Reserve raised the interest rates on the dollar with…

Mohamed Ayyad

Cabinet approves business in existing private free zone, declines establishing new ones

Giving license to established projects requiring heavy energy is not allowed except…

Mohamed Ayyad

$72m total investment acquired by Careem since inauguration

Around 15 females work with Careem as captains in its Egyptian fleet

Menna Samir

In Pictures: German Henkel to take part in restoration of Tutankhamun mask

The German company Henkel, specialised in adhesives material, will take part in…

Daily News Egypt

NCR holds workshop to raise awareness of ATM theft

NCR was chosen to inform Egyptian banks about the risks surrounding ATMs,…

Daily News Egypt