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

50 most influential women in Egyptian economy honoured, including 5 bankers

The ceremony will be held under the auspices of Prime Minister Sherif…

Hossam Mounir

E-Finance collects EGP 11.5bn for Finance Ministry in January: Chairman

Electronically collected tax last year amounted to EGP 37bn

Abdel Razek Al-Shuwekhi

NAT accepts technical proposals from 3 companies for train storage project

NAT recently assigned the implementation of the first part of the first…

Mohamed Alaa El-Din

Outstanding balance of treasury bonds at EGP 685.81bn by December 2015: Finance Ministry

The ministry said in a recent report exclusively published by Daily News…

Hossam Mounir

Capital increase to be proposed for public sector companies through EGX in 3 months

Twenty-one African investment commissions are set to offer investment opportunities in five…

Mohamed Ayyad

Non-performing loans fell to 7.2% of total by end of September 2015: CBE

CBE issued its Financial Soundness Indicators report, where the loans-to-deposits ratio increased…

Hossam Mounir

CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly

Decision applies only to companies to facilitate import operations of main and…

Hossam Mounir

Oil prices trend to continue in 2016:  Jadwa Investment

Company lowered its forecast for oil prices throughout 2016 to $43 per…

Daily News Egypt

Egypt committed to reforms, sustainable stability, growth: Afreximbank Chairman

Bank earmarked between $50-100m as initial funding for local banks and factoring…

Shaimaa Al-Aees