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

Bank Audi-Egypt considers granting loans worth more than EGP 7bn: Fayed

Plans to increase bank's share in Egyptian market and open 7 new…

Hossam Mounir

Qalaa Holdings in negotiations to exit Sphinx Direct Investment

The structure of the deal depends on swapping Sphinx stock's for shares…

Daily News Egypt

Banque Misr completes requirement steps of FATCA

The bank added that its branches in both the UAE and France…

Hossam Mounir

Nigeria: Corruption scares off companies

The Dutch company Brunel no longer wants to do business in Nigeria.…

Deutsche Welle

Will banks fund state budget deficit or development projects?

The CBE could help banks do both if provided with sufficient liquidity,…

Hossam Mounir

Banks are ready to finance development projects: Metwally

Optimism about future is based on existence of determined administration to change…

Hossam Mounir

Oil supply forecast to shrink next year

Cheap oil prices have been massively affecting global markets, from countries' budgets…

Deutsche Welle

Global Lease in talks with 4 banks to acquire EGP 600m: Managing Director

Plans to double issued capital to EGP 100m by H1 of 2016

Hossam Mounir

Investment returns in Egypt is among highest worldwide: ABC-Egypt CEO

 Egyptian economy is on the right track, invest now before you miss…

Hossam Mounir

CBE’s policies limiting hard currency cash deposits leads to disaster: Exporters, importers

There is large exit for local investments from market because of production…

Shaimaa Al-Aees