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

Manpower Ministry provides EGP 317m in emergency aid to tourism workers

The targeted workers are from 2,204 tourism establishments that have been affected…

Daily News Egypt

Egyptian Cabinet’s IDSC obtains EFQM Certificate of Excellence

IDSC is first Egyptian and African governmental institution to receive EFQM certificate

Daily News Egypt

Egypt targets EGP 136.4bn investments in urban development during 2020/21

A ministerial report clarified that the urban development sector’s share in Egypt’s…

Daily News Egypt

Abu Qir Fertilizers to report strong results in 1Q FY21

The company’s top-line is estimated to come in at EGP 2.069bn, reflecting…

Alyaa Stohy

Delta Sugar posts losses in Q3 of 2020 due to weak demand

The company’s gross margin plummeted to -17.0% versus 23.3% and 2.6% in…

Alyaa Stohy

ITI, Google sign agreement to train 30k youth on AI

The cooperation agreement was signed by ITI head Heba Salih and Matt…

Mohamed Alaa El-Din

Egypt, Ukraine discuss boosting economic, commercial cooperation

Abdel Aaty presented to the delegation, headed by the Deputy Director of…

Sami Hegazi

Egyptian remittances record $27.8bn in FY 2019/20: CBE

In a statement on Wednesday, the CBE added that remittances from Egyptians…

Hossam Mounir

FAB to resume negotiations for Bank Audi – Egypt acquisition

Bedir added that the two banks held fruitful discussions early this year,…

Daily News Egypt

Egypt, Japan discuss procedures to implement Cairo Metro Line 4

The Cairo Metro Line 4 will run from Giza's 6th of October…

Daily News Egypt