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

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

Tourism Fund adopts plan to encourage charter flights in Hurghada, Sharm El-Sheikh: Ministry of Tourism

Required occupancy ratios decreased to provide incentives for flights coming to Sharm…

Abdel Razek Al-Shuwekhi

ETF prepares to participate in tourism investment forum in Dubai

Arab inbound tourism to Egypt must not fall to less than 3…

Abdel Razek Al-Shuwekhi