German executives pin hopes on trade truce with US

Businesses in Germany have grown more optimistic again about their future economic outlook, a fresh monthly barometer by the Munich-based ifo think tank has shown. And that despite the US-China…

Deutsche Welle

Fouka Bay’s design accommodates a variety of housing options: Tatweer Misr

51% of vacationers consider the North Coast a more attractive spot than any other beach zone in Egypt, Ahmed Shalaby, CEO and managing director at Tatweer Misr told Daily News…

Shaimaa Al-Aees

Consumer compensation may reach EGP 1m if item is defective

New law deals with electronic commerce and telemarketing

Tamer Farhat

Nissan launches first low-cost electric car in China

Nissan's Sylphy Zero Emission electric car has started rolling off the production line at a Guangzhou plant in China. It's the first domestically-produced low-cost electric car made specifically for the…

Deutsche Welle

Sarwa Capital closes EGP 1.75bn securitisation bonds issuance

Sarwa Capital announced that Sarwa Securitisation has closed an EGP 1.75bn issue of securitisation bonds backed by the portfolios of Contact Auto Credit and its affiliated companies. The bonds consist…

Daily News Egypt

Gold recoils amid sell off but may rebound in next period: World Gold Council

Jewelry shop owner expects gold prices to increase by $50 to reach $1250 per ounce globally by Q4 of this FY

Nehal Samir

1.6%, decline in Egypt’s number of live births in 2017: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed on Sunday that the number of live births reachedd 2,557,440 births in 2017 compared to 2,600,173 births in 2016, a…

Daily News Egypt

Egypt, South Korea sign agreement worth €243m for Cairo metro line 3

Agreement aims to manufacture, procure 32 air-conditioned trains 

Hagar Omran

Industry, Investment ministers discuss future plans of Philips International in Egyptian market

Company aims to produce 2m light bulbs annually to meet needs of local market and export to foreign markets

Shaimaa Al-Aees