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

Ezz Elarab Group launches DS3 Crossback for 1st time in Egypt

Model features 1200 cc with 130 hp and 8 gear transmission

Zamzam Mostafa

Automotive market divided on impact of second COVID-19 wave on local sales

Closure of some car factories abroad due to coronavirus will lead to…

Zamzam Mostafa

SODIC records EGP 7.4bn in gross contracted sales during 2020

Residential sales grew by 19% driving y-o-y sales growth despite challenging year

Shaimaa Al-Aees

Federation of Commerce Chambers lends support to SMEs in 3 governorates

FEDCOC signs cooperation protocols with Egyptian banks to provide easy financing mechanism…

Daily News Egypt

Misr Chemical Industries plans to obtain new Evaporation Unit worth EGP 90m-EGP 130m

The Misr Chemical Industries Company (MICH) is planning to obtain a new…

Alyaa Stohy

Agricultural Bank of Egypt to settle EGP 6.3bn in bad debt for 238,000 farmers

Initiative includes EGP 3.9bn for principal debt and EGP 2.4bn for accumulated…

Hossam Mounir

Egypt’s inflation records best level in 15 years during 2020: Cabinet

Egyptian government's investments in modernising agricultural methods and food supply chains has…

Daily News Egypt

GB Auto eyes spending EGP 260m as capex during 2021

Company considering selling minority stakes in NBFI companies to strategic investors

Alyaa Stohy

Planning Ministry launches 1st electronic system for ‘Decent Life’ initiative

New system continues Ministry's efforts to shift towards evidence-based planning, automating process…

Daily News Egypt