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

8 investors establish Menagurus for EGP 100m to invest in emerging companies

We plan to invest EGP 15m in 5 technological companies in Q2…

Mohamed Alaa El-Din

Sugar cane cultivation became burden over us: Farmers

Sugar companies demand Supply Ministry officials withdraw sugar from their storehouses to…

Shaimaa Al-Aees

EFSA reviews fair value report for Beltone’s IPO on EGX

EFSA’s work comes in line with the procedures for an IPO on…

Mohamed Ahmed

FocusEconomics reduces GDP growth forecast for Egypt

Inflation to average 9.8% in 2016, FocusEconomics monthly report says

Daily News Egypt

Egyptian Bank Federation signs MoU with Congolese Banking Association

The MoU was signed with the collaboration of the Egyptian Ministry of…

Hossam Mounir

CI Capital prepares IPOs at EGX in construction, food, and hotel sectors in 2016

Government should activate one-stop shop quickly to attract more local and foreign…

Mohamed Ayyad

42.5% of Internet users prefer Google Chrome in January 2016

The majority of users prefer Microsoft operating systems

Mohamed Alaa El-Din

NTRA conducts 31,600 tests on Internet surfing in Greater Cairo

The tests were conducted through the three major mobile operators in the…

Mohamed Alaa El-Din

EgyptAir studies cooperation with AVIC in air transport field

An MoU will be signed to establish a regional centre for plane…

Mohamed Alaa El-Din

Banque Misr begins activating CBE initiative to finance SMEs with 5% yield

This springs from the bank's commitment to promoting economic development and contributing…

Hossam Mounir