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

SODIC records strong growth across operational, financial KPIs for Q1 2021

Strength of Q4 2020 carried over, helping company deliver best Q1 on…

Alyaa Stohy

Orascom Investment reports 10% y-o-y revenue decline to EGP 730.5m in 2020

The cables business, notably Pakistani submarine fibre optic cable operator, Pakistan Cables,…

Alyaa Stohy

Egypt, Guinea discuss enhancing cooperation in tourism

El-Anani invites Guinea’s Minister of Tourism to visit Egypt soon to strengthen…

Daily News Egypt

Egypt sees 33.8% increase in petroleum exports value in Q1 2021: CAPMAS

This compared to the $1.359bn recorded in the same quarter of the…

Hossam Mounir

Egypt targets growth rate of 5.4% in FY 2021/22: Planning Minister

El-Said noted that the growth rate expectations come as the novel coronavirus…

Daily News Egypt

Egypt, South Korea discuss financing for various development projects

The mission, which is visiting Egypt from 28 May to 3 June,…

Nehal Samir

Egypt to make EGP 1.2trn in total investments during FY 2021/22 plan: Planning Minister

The minister’s remarks came during her attendance at the Senate plenary session,…

Daily News Egypt

Palm Hills Developments appoints Hazem Badran, Tarek Tantawy as Co-CEOs

The formal announcement of the appointment follows the Board of Directors’ approval…

Daily News Egypt

almentor leads video-based e-learning industry in MENA with $14.5m in funding

Partech led the financing round, with the participation of Sawari Ventures, Egypt…

Daily News Egypt

Presidential directives in place to raise efficiency at archaeological sites: PM

Madbouly's remarks came during his tour to review and follow up on…

Daily News Egypt