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

Luxor hotels see 16% occupancy from domestic tourism, day trippers: Officials

A total of 74% of visitors in Luxor are predominantly domestic with…

Nehal Samir

Egyptian engineering exports grow 6% in 5M FY 2020/21

Egypt’s engineering exports increased by 6% to $1.11bn in the first five…

Daily News Egypt

Eastern Developments introduces EGP 3bn Genova project in Sheikh Zayed

Eastern Developments intends to launch its new Genova residential project, located in…

Shaimaa Al-Aees

Egypt’s real estate sector manages to absorb COVID-19 repercussions in 2020

Although 2020 was a difficult year for all economic sectors, Egypt’s real…

Shaimaa Al-Aees

Central Bank of Egypt to issue $850m worth T-bills tender on Monday

The Central Bank of Egypt (CBE) will issue, on Monday, a tender…

Hossam Mounir

MSMEDA provides EGP 3.7bn in funding to youth projects during 11M 2020

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided EGP 3.7bn…

Hossam Mounir

Amlak Egypt aims to provide EGP 3bn of mortgage finance in 5 years

Slashing interest rate boosts demand for mortgage finance, says CEO Ayman Abdel…

Shaimaa Al-Aees

YBA designs, manages 30 projects worth EGP 30bn average across Egypt

YBA Architects designed and managed about 25-30 projects, with an average cost…

Shaimaa Al-Aees

Egypt reopens tomb of Ramses I following restoration

The tomb of Ramses I has been reopened, after the completion of…

Nehal Samir

AfCFTA opens African markets to Egyptian products

African Continental Free Trade Area (AfCFTA) will help the continent import and…

Shaimaa Al-Aees