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

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

Sahl Hasheesh invests in build-out of value-added components

Room rates have pushed through pre-revolution levels but occupancy is still struggling,…

Daily News Egypt

$56m increase in foreign exchange reserves at end of February: CBE

The Central Bank of Egypt (CBE) revealed Thursday the balance of foreign…

Hossam Mounir

Group of Arab companies asks to establish industrial city in northwest Gulf of Suez with $3bn investments

Alliance formed of a group of Arab companies including Saudi, UAE, and…

Hossam Mounir

Minister of International Cooperation signs five agreements and MoUs worth $3.1bn in South Korea

Minister of International Cooperation Sahar Nasr signed five agreements and memoranda of…

Hossam Mounir

Domty announces indicative price range for its IPO

Arabian Food Industries Company Domty announced Thursday the indicative price range for…

Hossam Mounir