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

RE/MAX Al Mohager launches Mo/Max to stimulate Egypt real estate sales

Mo/Max to provide financial, financing solutions that serve sales and marketing objectives…

Shaimaa Al-Aees

AfDB offers $5m grant to establish AfCFTA secretariat

Secretariat to be located in Ghanaian capital, Accra

Shaimaa Al-Aees

Over 100,000 visit Egypt’s Red Sea since inbound tourism resumes

Tourists came from Belarus, Ukraine, Switzerland, Hungary, and Serbia

Nehal Samir

Al-Sisi directs banks in Egypt to continue local market support, development financing

About EGP 180bn has been invested in 120,000 companies as part of…

Hossam Mounir

PwC Middle East survey addresses need for technology, private sector investment

Total of 67% surveyed believe digital innovation will transform or cause significant…

Daily News Egypt

Egypt to launch new renewable energy projects by year-end: Electricity Minister

‘We received offers to buy energy at 2.45 piasters from solar power…

Mohamed Farag

NUCA issues 60 decisions for development projects in August: Assistant Housing Minister

NUCA initiates new land allocation system, entitled the Market Oriented Mechanism

Shaimaa Al-Aees

Egypt expected to grow 2% in 2020, against general Arab economic contraction: AMF

Inflation across Middle East expected to surge to 8.8% in 2020, decline…

Daily News Egypt

Egypt Supply Ministry clarifies 20 grams shrink in subsidised bread

Each sack of flour to yield 1,450 loaves instead of 1,250

Fatma Lotfi

EBRD grants Olam International Limited $200m loan to strengthen agribusiness

Bank grants finance to strengthen agribusiness value chain, trade across Eastern Mediterranean,…

Nehal Samir