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

Fluctuations in oil markets affect real estate sector significantly

Cityscape Egypt to take place September 2015, says Sabbour

Mohamed Ayyad

Poverty map puts Upper Egypt among SFD’s priorities during 2015: Fund Director

The Social Fund for Development (SFD) is fighting poverty across Egypt’s governorates…

Abdel Razek Al-Shuwekhi

ALEXBank registers EGP 724m in net profits

ALEXBank reported a 9.5% growth in net profit in 2014, registering EGP…

Daily News Egypt

Barclays Egypt to boost credit portfolio to EGP 9bn

Barclays targets a 10% growth in the deposit portfolio by the end…

Daily News Egypt

Domestic liquidity rises by over EGP 1bn

The figures show that domestic liquidity now registers EGP 1.109bn (7.3%) during…

Daily News Egypt

Banque Misr to allow services 24 hours a day through “Remote Teller”

Banks should adopt developed technological infrastructure that aim to develop communication channels…

Doaa Farid

Hotel room revenues to increase in upcoming period: Colliers International

Quarterly and annual forecast sees rise in room revenues compared to last…

Sara Aggour

Individual bank customers range between 6-8 million: NBE Chairman

There are 10 ATM machines for every 100,000 customers in Egypt, Okasha…

Doaa Farid

External debt decreases by 10.3% in December: CBE

Decrease due to repaying facilities and loans, as well as fall back…

Menna Samir

Marsa Alam Tours signs tourism marketing agreement with Al-Tayyar: Deputy-Chairman of association  

The Association also looks to establish flights from Kuwait, Jordan, and Lebanon…

Abdel Razek Al-Shuwekhi