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

TAQA Arabia plans to offer 25% on stock market for estimated EGP 1bn

Offering shall be completed before end of 1H2020

Alyaa Stohy

Unfavourable regulatory developments hamper GB Auto’s profits

Financing business bottom line hits all-time high

Alyaa Stohy

Egypt’s cement sector wraps up FY19 with sales-volume driven revenue

Efficient players report better margins on favourable cost structure

Alyaa Stohy

COVID-19 fears trigger EGX fall, driven by foreign sales

EGX30 capped declined by 5.8% and concluded at 14,756.81 points, while EGX100…

Alyaa Stohy

Consolidated net income of Sarwa Capital up 37% from 2018

“We are delighted to report our full year results for 2019, delivering…

Daily News Egypt

Mwasalat Misr completes due diligence to acquire High Jet

On the sidelines of signing an agreement with Orange, Taha said the…

Mohamed Alaa El-Din

USAID’s project portfolio in Egypt hits $1bn: MIC

‘We’re proud of our projects in local market,’ says USAID’s Harvey

Hagar Omran

Al-Amiriya Press to open new branch in New Capital 2H2020

Chairperson of Al-Amiriya Press Ashraf Emam said the authority is equipped with…

Shaimaa Al-Aees

FocusEconomics panellists expect 0.2% decline in global growth 1H2020 due to coronavirus

Vast majority of panellists do not see economic impact of coronavirus persisting…

Shaimaa Al-Aees