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

Egypt’s new academic year pressures auto sales

Passenger car sales are expected to rebound by mid-December

Dina Mohamed

Brilliance to launch V7 in Egypt during Q1 of 2021, should imports stabilise

Company is postponing investment plan for next year, says GM Khaled Saad

Dina Mohamed

Egypt’s passenger car sales rise 24% in September 2020 despite COVID-19

Locally assembled cars grow by narrow margin of 0.6%, imported cars boom…

Ahmed Hassan Abdel Karim

Kayan Egypt unveils 2021 Skoda Octavia A8

Kayan Egypt has also launched more than one model in the short…

Ahmed Hassan Abdel Karim

Egypt’s urban inflation rises to 4.5% in October from 3.7% in September: CAPMAS

The agency added that the monthly CPI-U stood at 1.8% in October,…

Hossam Mounir

BEBA, EBCC jointly organise Egypt’s 1st Virtual Business Week

Event took place in collaboration with Egyptian Embassy in London, UK Department…

Daily News Egypt

Ibnsina Pharma acquires 75% of 3elagi platform as part of digital transformation

The step is considered the second of Ibnsina Pharma’s digital transformation plan,…

Alyaa Stohy

Oriental Weavers reports strong Q3 2020 results as exports recover

The price of the main raw material polypropylene amounted to $985/tonne, down…

Alyaa Stohy

Fitch affirms Saudi Arabia’s A rating, but revises outlook to negative

The downturn has been attributed to the novel coronavirus (COVID-19) pandemic and…

Daily News Egypt

Government continues investment in new projects, services: El-Said

Egypt’s public investments rose 70% to EGP 595bn, says Planning Minister

Nehal Samir