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 annual urban inflation declines to 4.2% in July: CAPMAS

Whole country’s CPI inched up to 107.8 points in July, registering a…

Hossam Mounir

USAID grants Egypt 250 specialised ICU ventilators to fight COVID – 19

The specialised medical equipment will be sent to intensive care units (ICU)…

Mohamed Abdel Meguid

Allianz, CIB Egypt sign cyber insurance contract for banking services

Insurance policy between Allianz and CIB has been effective as of 1…

Hossam Mounir

Emaar Misr reports 222% q-o-q growth, EGP 770.6m revenues in Q2 of 2020

Favourable base effect gives way to a better Q2 of 2020

Alyaa Stohy

Mangroovy for Hotels, ODE sign EGP 104.8m El Gouna land sale agreement

The land plot will encompass different types of services to serve residences…

Shaimaa Al-Aees

FEDCOC invites Cairo Chamber to cooperate on “Digital Future” initiative

The initiative was set up and launched by the Digital Economy Division…

Mohamed Alaa El-Din

El Sewedy, SNEL sign $38.6m contract for transformer station construction in DR Congo

Project is set to boost socio-economic development in Kasumbalesa and surrounding areas

Daily News Egypt

Egypt’s FRA licenses 8 money market companies in 7M 2020

Omran added that of the eight companies: four focus on issuing securities…

Alyaa Stohy

Egypt provides EGP 346m aid to regular tourism, spinning, weaving workers

Minister of Manpower Mohamed Saafan said that Egyptian workers, particularly in tourism,…

Daily News Egypt

Jebal Developments expands New Cairo operations with Al Mostakbal Real Estate acquisition

The acquisition will formalise Jebal Developments goal of expanding significantly and achieving…

Daily News Egypt