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

GAFI, Souq.com discuss Amazon’s future plans in Egypt

Amazon expresses desire to continue expanding in Egyptian market, particularly in electronic…

Daily News Egypt

Egypt to extend natural gas networks to East Port Said Industrial Zone

Expanding natural gas delivery to contribute to state’s development of Sinai Peninsula,…

Shaimaa Al-Aees

Domty sales grow 10% y-o-y in Q2 despite pandemic

Company is working on implementing business plan to reduce sales/operating expenditure during…

Alyaa Stohy

Obourland reports 5% top-line growth in H1 of 2020

Company’s net sales for the period record EGP 1,249.0m

Alyaa Stohy

EasyJet to resume flights to Egypt’s Sharm El Sheikh, Hurghada in September

EasyJet will operate two flights weekly to Sharm El-Sheikh International Airport from…

Nehal Samir

realme officially launched realme X3 SuperZoom in Egypt, the best flagship smartphone under EGP 10,000

realme leads the smartphone market with 4 revolutionary products catering to modern…

Daily News Egypt

AU agency launches program to assist African MSMEs

As Africa faces socio-economic uncertainties brought by COVID-19, the AUDA-NEPAD MSMEs Academy…

Xinhua

BLOM Bank to conduct due diligence on selling Egypt unit

Several banks have shown interest in buying BLOM Bank – Egypt, but…

Hossam Mounir

Egypt-India trade reaches $4.53bn in FY20 despite COVID-19: Ambassador Kulshreshth

Indian investments in Egypt total over $3.3bn in broad range of sectors

Nehal Samir

Egypt’s real GDP growth projected to reach 6.5% in FY 2021/22: IMF

Inflation expected to jump to about 8% on average in FY 2020/2021,…

Nehal Samir