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

Haier to establish EGP 200m AC factory in cooperation with Raya

The Managing Director of Haier Egypt for home appliances and consumer electronics…

Mohamed Alaa El-Din

Egypt’s Sovereign Fund aims to boost private sector investment in internal trade

The Internal Trade Development Agency (ITDA) and The Sovereign Fund of Egypt…

Shaimaa Al-Aees

EBRD grants $12m loan for new hotel serving Grand Egyptian Museum, Giza Pyramids

Project to generate over 300 jobs, promote women’s inclusion, funded by SEC

Nehal Samir

Egypt secured $477m in development financing for health during 2020

Egypt’s Ministry of International Cooperation secured $477m in development financing through 7…

Nehal Samir

Egyptians for Healthcare introduces CAPITALMED Medical City in east Cairo

Egyptians for Healthcare has launched the CAPITALMED Medical City, the largest international…

Daily News Egypt

Egypt halts ceramics, porcelain imports for 3 months

Decision aims to protect local productivity rates from fallout due to COVID-19…

Daily News Egypt

Eni announces new oil discovery in Egypt’s Western Desert

A new exploration well as part of the Meleiha Concession has discovered…

Daily News Egypt

NBE leads banking alliance to provide EGP 2bn in financing to Oilex

The National Bank of Egypt (NBE) is leading an alliance of banks…

Hossam Mounir

Prince Muhammad Ali Palace, Museum of Islamic Art mark 117th anniversary

Egyptians allowed free entry to Prince Muhammad Ali Palace on 24 December,…

Nehal Samir