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

Demand for property in Egypt drops 7% in July: Aqarmap

First two weeks of July saw same level of property demand as…

Shaimaa Al-Aees

CDC Group appoints Sherine Shohdy as Egypt Coverage Director

CDC is Africa’s largest impact investor and has invested in the continent…

Daily News Egypt

Egypt, EIB discuss cooperation on transport, agriculture, health

Al-Mashat said meeting tackled how recently approved €1.1bn funding put towards financing…

Nehal Samir

Egypt non-durable consumer goods imports plunge 19.7% in 5M 2020: CAPMAS

Imports of medicines and pharmaceuticals recorded a decrease of 12.7%

Daily News Egypt

CBE expected to hold interest rates during next MPC meeting

Market anticipates CBE announcement, on Monday, regarding inflation in July 2020

Hossam Mounir

Egypt participates in 2020 African Caucus on COVID-19 recovery

Outflow of scarce foreign exchange in Africa has to be matched by…

Nehal Samir

Tagerly launched as first “drop shipping” platform in Egypt

Platform allows users to buy in bulk and resell products from the…

Mohamed Alaa El-Din

HHD to complete amendments of development plan next week

Public Enterprises Sector Minister to approve HHD development plan in two weeks,…

Alyaa Stohy

EBRD approves $50m loan for Gulf of Suez wind farm

The plant is to be located in the Gulf of Suez, approximately…

Shaimaa Al-Aees

Egypt allocates EGP 258.5bn to health sector in 2020/21 budget

Allocations for pre-university education sector come to EGP 241.6bn, higher education EGP…

Nehal Samir