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

Real estate developers believe Egypt’s property market capable of absorbing shocks

Cabinet’s property sale rules is good step, contributes to regulating sector, say…

Shaimaa Al-Aees

Benya targets EGP 5bn in business volume by end of 2022

The company will also start exporting optical fibers to the Congo early…

Fatma Salah

TE cooperates with Grid Telecom to build submarine cable linking Egypt, Greece

This came during a visit by a delegation from the Greek IPTO…

Mohamed Alaa El-Din

Potential investor to start due diligence on Minapharm Pharmaceuticals

The company added that, according to the notification, the potential investor will…

Fatma Salah

EFG Hermes concludes advisory on Bedaya Mortgage Finance’s first securitization issuance worth EGP 651.2m

Commenting on the issuance, Maie Hamdy, Managing Director - Debt Capital Markets…

Fatma Salah

alfanar to pump $533m in Egyptian energy, telecommunications sectors

Company aims to localise wind energy industry in Egypt, turn it into…

Fatma Salah

African Development Bank chief announces set up of youth investment banks

The banks, to be rolled out by the end of this month,…

Xinhua

We look forward to converting Gulf deposits in Egypt into real investments: Finance Minister

Maait also indicated his appreciation for the Gulf’s growing role in supporting…

Daily News Egypt

Saudi Arabia’s Hadhim aims to expand into Egyptian market in 2023

Company to plant 10 million palm trees in Egypt: Al-Tuwaijiri

Fatma Salah