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 economic growth to remain strong in medium-term: Fitch

Macroeconomic, political stability support Egypt’s positive growth 2017 to current health crisis

Doaa Elboraie

Spotify expands COVID-19 music relief to MENA region through AFAC partnership

Partnership aims to find most impactful ways to support music community

Daily News Egypt

Samsung to invest $84m over 5 years in Egyptian market

Company to establish $23m computer screen manufacturing line in Beni Suef as…

Mohamed Alaa El-Din

MSMEDA aims to finance 200k micro projects with EGP 3bn in 2020

Agency provided EGP 3.5bn in funding to about 240,000 micro projects between…

Hossam Mounir

Finance Ministry approves new customs facilities to stimulate investment

Customs Authority will grant "certified economic operator" label to those it deals…

Daily News Egypt

Residential, administrative, beach units in new cities exempted from delay penalties

The decision, effective from 4 June, covers residential and administrative units, commercial…

Daily News Egypt

EGX moves upward for 3rd consecutive session supported by local purchases

EGX30 up 1%, market capitalisation gains EGP 5.9bn on Monday

Alyaa Stohy

Decline in global food prices favours Egyptian economy: National Planning Institute

Government will control short- and medium-term price increases

Doaa Elboraie

Cabinet discusses resumption of international flights, tourism

UNWTO report notes that, as of 18 May, 75% of tourist destinations…

Nehal Samir

Uber continues community support despite COVID-19 with 7 new partnerships

Partnerships part of Uber’s global pledge supporting healthcare workers and communities

Mohamed Alaa El-Din