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

The Address Investments records EGP 500m in sales for New Cairo’s AZZAR project in 2020

The Address investments has reported sales worth EGP 500m in 2020 at…

Daily News Egypt

Car sales jump 26.6% in 2020, GB Auto records robust volumes in Q4 of 2020

Automotive sales reach 213,200 units in 2020, registering strong surprise recovery

Alyaa Stohy

Sky Abu Dhabi to invest EGP 15bn in Egyptian real estate over 2 years

Government incentives to stimulate FDIs, establishment of major national projects, new smart…

Shaimaa Al-Aees

Egypt’s cement sales during December 2020 were highest in years

Total sales recorded 4.66mt, including exports, during December, up 3.5% m-o-m

Alyaa Stohy

Tamweely Microfinance, USAID collaborate on offering loans to smallholder farmers

Loans are aimed at smallholder farmers growing horticultural crops

Daily News Egypt

Net foreign assets in banking sector rise EGP 20.991bn in December 2020

Household sector added EGP 643.108bn in local currency deposits during 2020

Hossam Mounir

Starlight Developments invests EGP 3.1bn in Katameya Creeks Project

Project units in New Cairo development will be delivered in 30 months

Daily News Egypt

Zyda expands into Egypt offering restaurants e-commerce solutions

Businesses pay zero commissions on their sales, which is great competitive edge,…

Daily News Egypt

Hermes tops brokerage rankings in January with EGP 5.2bn transactions

Mubasher Capital aims to reach investments of EGP 1bn under new platform,…

Daily News Egypt

ElGameya appoints Amr Aboelazm as Non-Executive Chairperson, Ahmed Mahmoud as CEO

Aboelazm comes with proven track-record extending over 28 years in banking and…

Daily News Egypt