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

First Group invests EGP 2bn in Silva Sheikh Zayed project

Company plans to begin construction works at Silva in Q2 of 2021,…

Shaimaa Al-Aees

Softmills aims to invest in 3 startups as COVID-19 creates opportunities in tech: Founder

We are conducting financing round for TCB to attract $7m in financing,…

Mohamed Alaa El-Din

Faisal Islamic Bank reports 12.1% asset growth to EGP 108.701bn in July

Bank’s retail banking portfolio amounted to about EGP 1.205bn in June 2020

Hossam Mounir

GAFI, Benya discuss technological infrastructure development in Egypt

GAFI Chief stresses importance of private sector participation in state-implemented technological projects

Daily News Egypt

Ezdehar opens door for subscription to its $100m second investment fund

EBRD, EIB, CDC intend to contribute to new fund’s capital; IFC will…

Alyaa Stohy

UNWTO praises Egypt’s precautionary measures against COVID-19 to resume tourism

Egypt is UNWTO Secretary-General’s first destination outside Europe since COVID-19 emergence

Nehal Samir

Egypt among Russia’s main MENA trade partners: Russian Ambassador

Russia has adopted similar positions to Egypt regarding Libyan and Syrian conflicts

Bassant Mohammed

EGX expected to breach 11,600 barrier supported by regained investor confidence

EGX ends Sunday's trading in green, market cap gains EGP 10.6bn

Alyaa Stohy

Gates Developments debuts 2nd phase of Catalan New Capital project

Company’s investments in New Administrative Capital stand at EGP 4bn, says CEO…

Shaimaa Al-Aees

Royal Developments to begin construction at Capital Prime development

Company plans to direct EGP 140m investments into project’s construction phase

Shaimaa Al-Aees