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

Egypt’s banking authorities move to protect sector from 2nd COVID-19 wave

Bank extends exemptions for attending banks’ board meetings until 2021 end

Hossam Mounir

43 floating hotels in Egypt obtain health and safety certificates

Inspection committees approve 26 floating hotels between Luxor and Aswan, two in…

Nehal Samir

Egypt’s tax, customs departments to be e-linked by June 2022 end: Finance Minister

Linking all Egyptian ports to electronic platform to simplify procedures, reduce cost…

Daily News Egypt

Disney to lay off more employees as pandemic hurts businesses

The redundancies will take place in the first half of 2021, most…

Xinhua

Tesla to build supercharger factory in China

With a planned investment of 42 million yuan (about $6.4m), Tesla plant…

Xinhua

NBE, AFD sign €100m credit facility agreement to finance climate conservation projects

Chairperson of the NBE, Hisham Okasha, said that the new agreement will…

Daily News Egypt

Egypt implements 20 agricultural projects worth EGP 4.3bn in FY 2019/20

Agricultural projects include 1st stage of farm-level irrigation modernisation project for an…

Daily News Egypt

Philip Morris Misr committed to delivering smoke-free future: Regional Director

Gkatzelis said, “Philip Morris Misr is a key strategic investor and a…

Daily News Egypt

Sarwa Capital announces closing of its EGP 2.5bn inaugural Sukuk issuance

The proceeds will be used for further expansion of Contact Credit and…

Daily News Egypt

Russia plans to develop its own space station

Solovyov raised concern about the longevity of the International Space Station (ISS)…

Xinhua