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

Spike in ‘single’ cigarette sales expected to decrease tax proceeds by EGP 2bn: Traders

Greater Cairo Tobacco Association demanded President Al-Sisi holds Finance Minister accountable for…

Shaimaa Al-Aees

6 banks request Citibank Egypt retail business acquisition

Applicants include CIB, Abu Dhabi Islamic Bank, Emirates NBD and Mashreq Bank

Doaa Farid

Integrated trade zones to be established using EGP 800m: Supply minister

The investments in the internal trade sector will increase from EGP 7.8bn…

Daily News Egypt

CBE maintains key interest rates

The CBE also kept the discount rate unchanged at 9.25%.

Daily News Egypt

NBE wins best retail banking award

The number of NBE’s ATM machines reached 1,950 machines, an increase of…

Daily News Egypt

New Mondelez Egypt production-line investments are worth EGP 200 m: Managing director

The company has invested EGP 1bn during the last five years, Managing…

Shaimaa Al-Aees

Egypt targets an increase of Arab tourists this summer

Egypt started launching direct flights from many Arab cities such as Riyadh,…

Daily News Egypt

Finance Ministry provides EGP 136m for energy-saving lighting to decrease road accidents: Dimian

Dimian said the EGP 136m price tag represent 25% of the value…

Mohamed Ayyad

ERBC seeks to diversify products exported to Russia

The council is hoping to fix logistical problems faced in exporting products

Sara Aggour

EFG Hermes increases capital by EGP 391.83m

Increasing authorised capital from EGP 3.2bn to EGP 6bn has also been…

Menna Samir