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

Central bank registers stable foreign reserves in August: Governor

Foreigners’ purchases in bonds and treasury bills registered between $100m and $120m…

Sara Aggour

MOPCO to be listed in capital market early 2015: Company chairman

Chemicals company to launch IPO following completion of expansion projects

Sara Aggour

6m tax-exempted Suez Canal investment certificates to be issued: CBE governor

Following the presidential approval of the Suez Canal investment certificate law, protocol…

Sara Aggour

Hermes allocates EGP 50m for development projects in Upper Egypt, 20m for ‘Long Live Egypt’ fund

Investment bank EFG-Hermes Financial has allocated EGP 50m for its sub-organisation Hermes…

Mohamed Ayyad

Government outfits kiosks for street vendors to transform them into small merchants: PM

North Coast development, social housing, employment, Downtown Cairo, and roads project top…

Mohamed Ayyad

Overview of banking sector performance over FY 2013/2014

Daily News Egypt takes a closer look into the banking sector’s performance…

Doaa Farid

NBE receives 800 applications for mortgage funding for low- and middle-income individuals

The Central Bank launched a mortgage financing initiative in April with EGP…

Daily News Egypt

Finance Ministry replaces over 42,000 taxis in three phases

By Ayat Al-Batawi The Ministry of Finance has renewed 42,300 taxis over…

Daily News Egypt

Public banking exemption from Suez Canal certificates ‘necessary’ to maintain liquidity’: Arabiya Online chair

The government's drive to fund the Suez Canal project through investment certificates…

Mohamed Ayyad