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

Funds to be secured for demolition and restructuring of informal settlements

EGP 10bn essential for medium term plan, three years plan of slums’…

Sara Aggour

FEP Capital seeks to register 3 new companies in NILEX in 2016

FEP, which is owned by Egyptian and Gulf investors, has great confidence…

Daily News Egypt

NBE arranges loans for electricity sector worth EGP 39.4 in five years

The bank intends to support the national economy by funding national projects

Hossam Mounir

Sanctions to be applied in January to US citizens abroad

Penalties range from imprisonment to revoking nationally; anyone with a minimum of…

Daily News Egypt

Cabinet to consult with presidency to hold global economic conference next May

The issuance of dollar bonds is postponed indefinitely and other alternatives are…

Mohamed Ayyad

Ganope to propose research and exploration bid in 2016

Ganope Chairman Abu Bakr Ibrahim told Daily News Egypt the new bid…

Mohamed Adel

Ministry of Industry to increase export fees on fabric scraps to EGP 3,500 per tonne

Exports of scrap fabric for recycling increased to 294 tonnes in 2015,…

Daily News Egypt

Stock market expected to decline due to increase in interest rates

Stock exchange to face short wave of profits as a result of…

Mohamed Ahmed

The Role of Institutional Investors in the Egyptian Capital Market

Over the years, enforcement activity has grown and in 2014, the exchange…

Daily News Egypt

Visa will present Egypt with new opportunities for financial inclusion: Senior VP

Poverty alleviation requires multiple policy interventions and financial inclusion is just one,…

Hossam Mounir