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

Developing 1m residential units can increase Egypt’s GDP by EGP 2trn annually: Hisham Talaat Moustafa

Hisham Talaat Moustafa said that talks over launching a mortgage finance initiative…

Shaimaa Al-Aees

Egyptian banking sector achieves EGP 45.549bn net profits in September

Top 10 banks in the Egyptian banking sector account for 65.5% of…

Hossam Mounir

Al-Sisi meets Vodafone Group CEO, directs for enhancing Egypt’s digital infrastructure

New Administrative Capital named as First Arab Digital Capital for 2021, said…

Daily News Egypt

MM Group intends to contribute 49.9% to Basata non-banking financial services

MM Group announced that it will contribute to increasing the capital of…

Alyaa Stohy

Egypt to organise first expo for vehicle conversion to CNG in January 2021

Gamea explained that this exhibition aims to raise awareness of economic and…

Daily News Egypt

UK-Africa Investment Summit to kick off in January 2021

New trade agreements between UK and 14 African partners to come into…

Nehal Samir

Hurghada receives 1st tourist group from Berlin since travel resumption

Egyptian Tourism Promotion Board announced that Hurghada also received the first tourist…

Nehal Samir

Egypt’s trade deficit declines 32.4% in September 2020

Egyptian imports decreased by 21.3% to $5bn in September 2020, versus $6.4bn…

Daily News Egypt

Major investments to be injected to stimulate economy, maintain balanced monetary policy: Prime Minister

Performance indicators of Egyptian economy exceeded expectations of international financing institutions, classification

Daily News Egypt

Al-Sisi directs for coordinating state efforts to develop 1,000 villages

Al-Sisi’s remarks came during his meeting with President’s Advisor for Urban Planning,…

Daily News Egypt