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

61 new cities developed on total area of 3.25m feddan: Assistant Housing Minister

New developments represent 1.5% of Egypt’s total area

Shaimaa Al-Aees

Egypt’s food industry exports to Germany record 13% increase in 11M 2020

Germany is third largest importer worldwide in all commodity sectors, says FEC

Shaimaa Al-Aees

Remco for Tourism Villages receives offer for subsidiary acquisition

Subsidiary company records losses amounting to EGP 52.2m during first nine months…

Alyaa Stohy

Central Bank of Egypt to review interest rates for 1st time in 2021 on Thursday

In its last meeting for 2020, Bank decided to maintain deposit and…

Hossam Mounir

Egypt’s hotel market occupancy to reach 43-62% in 2021: Colliers

Hurghada, Sharm El-Sheikh to witness y-o-y hike in occupancy rates of 88%…

Nehal Samir

Uber tests new feature to allow passengers easier communication with the company in case of emergency

Ahmed Khalil, general manager of Uber in Egypt, said that safety is…

Mohamed Alaa El-Din

156 Egyptians receive AI training in cooperation with France’s EPITA: CIT Ministry

Training programme takes place online over 2 months, with training provided by…

Daily News Egypt

Egypt successfully issues, collects micro insurance policies online: IFE Chairperson

IFE hopes to increase number of policies issued via digital platforms, says…

Nehal Samir

CIB included in 2021 Bloomberg Gender-Equality Index

The Commercial International Bank (CIB) announced, on Tuesday, that it has been…

Daily News Egypt

CIB included in 2021 Bloomberg Gender-Equality Index

Inclusion is bank’s third consecutive year of recognition for its strides in…

Daily News Egypt