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

France’s insurance giant to take major stake in UAE’s Green Crescent Insurance

Reuters – French insurance giant AXA Group and its partner in the…

Daily News Egypt

Coach blast knocks back Egypt’s tourism recovery

Tour operators had been nursing hopes of better days after a dire…

Daily News Egypt

Islamic banking headway in North African banks still slow: Standard and Poor’s

S&P value total Islamic banking assets in Egypt at around $11.6bn

Sara Aggour

Banks should contribute to all economic sectors equally: Bankers

“What matters for banks is the ability to meet deadlines for loan…

Doaa Farid

Total non-CBE banking sector deposits reach EGP 1.26tn: CBE

The report added that total non-government deposits rose during November to reach…

Daily News Egypt

The United Bank participates in CBE’s mortgage funding initiative

The United Bank has joined the Central Bank of Egypt in a…

Daily News Egypt

National unemployment rate remains steady at 13.4%.

Rate has increased 57.3% since 4Q 2010

Sara Aggour

Gulf investor interest highlights Egypt’s retail upside

Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around…

Daily News Egypt

Minister of Agriculture reveals new strategy for marketing wheat

Strategy stipulates that PBDAC finance agriculture co-ops to allow them access funding…

Doaa Farid