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 net international reserves grow $113m in July to $38.315bn: CBE

Egypt’s international reserves consist of foreign currencies, gold, special drawing rights (SDR),…

Daily News Egypt

Egypt cancels tender to establish 200 MW solar power plant in west Nile

Informed sources told Daily News Egypt that the EETC has already informed…

Mohamed Farag

Alex Co Pharma to launch 2 face mask production lines, offers ethyl alcohol

Company aims to launch four new products during FY 2020/21

Alyaa Stohy

EIB, Afreximbank provide €300m in support to Africa’s COVID-19 response

Over 25% of funds dedicated to women in business and climate action

Shaimaa Al-Aees

MNHD reports 83% presales increase in H1 of 2020

Company’s consolidated revenues record EGP 1.3bn in June 2020

Alyaa Stohy

EBRD provides $12m for Hyatt Regency hotel development in West Cairo

The EBRD said that the project aims to support sustainable developments in…

Shaimaa Al-Aees

Al-Sisi directs for expanded agricultural and livestock projects

Bahr Albaqar sewage treatment plant is projected to treat 5m cubic metres…

Daily News Egypt

Egypt Post’s Logistics Centre reopens following 4-month closure

The closure was undertaken as part of the precautionary measures put in…

Mohamed Abdel Meguid

Alaa Amer wins MCDR Chairperson election by 93.5% landslide

The other candidate in the elections, Ashraf Al-Dabaa, received only 5% of…

Daily News Egypt

Banks in Egypt contribute EGP 700m to support daily labourers: El-Etreby

In exclusive statement to Daily News Egypt, El-Etreby said that the donations…

Hossam Mounir