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

Emaar Misr records one of Egypt’s highest real estate sales figures in 2020

Company’s net profit in Q4 of 2020 reaches EGP 656.5m

Alyaa Stohy

AlTameer Arabian’s Rivan Tower sells out in 2 hours

Company intends to begin construction work at Rivan Tower in Q4 2021,…

Daily News Egypt

Etqan contracts with CFM to manage, operate projects

These will cover Etqan partners' projects, including providing consulting services and facility…

Daily News Egypt

CIB Chief Sustainability Officer joins IIF ESG Webinar Series as featured speaker

Dalia Abdel Kader discussed sustainable finance efforts in emerging markets

Daily News Egypt

Banque du Caire to launch e-payment firm in support of digital transformation, financial inclusion: Chairperson

Bank has come long way in digital transformation, becoming top priority since…

Hossam Mounir

Egypt obliges ADSL operators to provide free consumption notification to users

Messages to be sent once consumption hits 50%, 75%, and 100% of…

Mohamed Alaa El-Din

New Urban Communities Authority approves EGP 140bn budget for FY 2021/22

Authority to start building 150,000 housing units in some new cities

Daily News Egypt

Brent crude sustained at $70/barrel and above, could require future fuel price reviews

Price surge led by rising demand from Asia, besides OPEC+’s decision not…

Alyaa Stohy

UK joins ‘Kemama’ campaign for socio-economic empowerment of Upper Egypt’s women

Campaign has already had real success in helping vulnerable communities protect themselves…

Daily News Egypt

Egypt’s net international reserves increase to $40.2bn in February: CBE

FX reserves increase by about $363m to $35.905bn in February

Hossam Mounir