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

UN reaffirms commitment to support inclusive, resilient industrial development in Africa

In his message, Guterres said that the novel coronavirus (COVID-19) crisis hit…

Nehal Samir

Egypt is South Korea’s main African investment destination with $600m financial flows: Ambassador

Two countries plan to initiate feasibility study on economic partnership agreement that…

Nehal Samir

Royal One, CEMEX Egypt, KEM Consultant partner in developing NAC’s Capital Prime

The collaboration will accelerate the project’s construction rates and ensure its development…

Daily News Egypt

Centro Real Estate to invest EGP 500m in projects over 2021

Company committed to delivering projects four months ahead of schedule, despite pandemic

Daily News Egypt

EBRD to invest €950m in Green Cities programme over next 3 years

More than €2bn will be dedicated to supporting EBRD Green Cities

Shaimaa Al-Aees

Immediate cash payment of late dues to Egyptian exporters sees increased demand: Finance Minister

Maait said that his ministry and the Export Development Fund would continue…

Daily News Egypt

Egypt, IMF reach staff-level agreement on 1st review of 12-month SBA

The meeting was held to discuss recent economic developments and policy priorities…

Nehal Samir

Arkan to invest EGP 600m in real estate projects during 2021

Essa also said that the company has directed a total of EGP…

Daily News Egypt

IMF chief urges continued strong policy action to combat uncertainty

IMF chief laid out 3 key priorities: end health crisis, reinforce economic…

Xinhua

MENA region performed well in managing COVID-19 crisis:  Jihad Azour

COVID-19 crisis is about disruption and acceleration, says IMF regional director

Nehal Samir