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

Bahraini Islamic Bank Al Baraka Q4 net income climbs 23%

Al Baraka says it plans to add 81 branches to its network…

Daily News Egypt

G20 vows to add $2tn to world economy to lift growth

US Treasury Secretary Jack Lew stressed at a press conference that the…

Daily News Egypt

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