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 Al-Sisi directs for quarry system to be developed nationwide

Meeting reviewed development plan for Egypt's quarry system to maximise state resources.…

Daily News Egypt

Fawry for e-payments obtains EGP 160m loan from Egyptian-American Enterprise Fund

General assembly of Fawry for e-payments agreed to conclude EGP 160m loan…

Alyaa Stohy

Egypt to launch ‘Go Green Exhibition’ for eco-friendly vehicles on Monday

Egypt’s first “Go Green Exhibition”, highlighting the conversion of vehicles to clean…

Shaimaa Al-Aees

Luxor hotels see 16% occupancy from domestic tourism, day trippers: Officials

A total of 74% of visitors in Luxor are predominantly domestic with…

Nehal Samir

Egyptian engineering exports grow 6% in 5M FY 2020/21

Egypt’s engineering exports increased by 6% to $1.11bn in the first five…

Daily News Egypt

Eastern Developments introduces EGP 3bn Genova project in Sheikh Zayed

Eastern Developments intends to launch its new Genova residential project, located in…

Shaimaa Al-Aees

Egypt’s real estate sector manages to absorb COVID-19 repercussions in 2020

Although 2020 was a difficult year for all economic sectors, Egypt’s real…

Shaimaa Al-Aees

Central Bank of Egypt to issue $850m worth T-bills tender on Monday

The Central Bank of Egypt (CBE) will issue, on Monday, a tender…

Hossam Mounir

MSMEDA provides EGP 3.7bn in funding to youth projects during 11M 2020

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided EGP 3.7bn…

Hossam Mounir

Amlak Egypt aims to provide EGP 3bn of mortgage finance in 5 years

Slashing interest rate boosts demand for mortgage finance, says CEO Ayman Abdel…

Shaimaa Al-Aees