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

Tanmiya Capital Ventures to launch second fund targeting medium-sized enterprises

Tanmiya Capital Ventures, a leading investment firm in Egypt, is preparing to…

Fatma Salah

Egypt floats pound, raises interest rates by 6% to tackle inflation

The Central Bank of Egypt (CBE) announced a two-pronged approach on Wednesday,…

Mohamed Samir

EGP liberalisation: New phase of economic reform, growth

The chairperson of the Egyptian Businessmen’s Association, Ali Issa, said that the…

Daily News Egypt

Dollar soars to EGP 49.5 on first day of exchange rate liberalisation

The Egyptian pound plunged against the US dollar on Wednesday, as the…

Hossam Mounir

CBE decisions strike blow to black market, say banking experts

Experts praise move as crucial, positive step to eliminate speculation

Hossam Mounir

NBE, Banque Misr launch new savings certificates with up to 30% return

Yield of some certificates, loan products increases automatically after CBE decides to…

Hossam Mounir

Egypt, IMF agree on $8bn expanded  loan package

The International Monetary Fund (IMF) announced Wednesday an expansion of its loan…

Daily News Egypt

Beacon FinTrain collaborates with GB Corp to bolster financial education, training for professionals

In a landmark move to elevate financial and professional education in the…

Daily News Egypt

CBE advances economic empowerment of women

‘Women Financial Inclusion’ event set to commence on 8 March for three…

Shaimaa Raafat