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

Industry Ministry, ICIEC meet to activate MoU to finance Egyptian exports

Value of credit-financing package corporation amounted to $5.5bn last year, says CEO

Shaimaa Al-Aees

ECPPS aims to improve business, investment atmosphere in 22 governorates

The centre launched its new website to create network for businessmen seeking…

Mohamed Alaa El-Din

Petroleum subsidies expected to register EGP 56bn in FY 2015/2016

Investment of foreign companies totalled $7bn in 2015

Daily News Egypt

CBE launches programme to fund 350,000 SMEs for EGP 200bn in 4 years

Companies with annual revenues between EGP 1m and EGP 20m will receive…

Hossam Mounir

President Al-Sisi, King Salman to meet in February to discuss fuel supply to Egypt

Shipments of Petroleum materials will begin arriving to Egypt in February

Mohamed Adel

‘Tahya Misr’ fund allocates EGP 167m to finance Taxi of Governorates

The project aims to purchase taxis, then sell them with repayment facilitations…

Shaimaa El-Badawi

CBE programme to support SMEs boosts economic growth: Masters Securities Investment

The CBE decided to stimulate banks by offering financing loans with a…

Daily News Egypt

6 Arab financial institutions proposed to develop Sinai Peninsula

Development in housing, transportation infrastructure, agriculture and education estimated at $1.5bn

Daily News Egypt

CBE approves IDBE’s listing as accredited consulting firm

The list of accredited consulting firms at CBE includes 81 institutions, among…

Hossam Mounir

Orascom Construction signs power plants contract for $420m

OC will assist Egypt in receiving the necessary financing to pay back…

Sara Aggour