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

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

Egypt to see GDP grow 2.5% in FY 2020/21: FocusEconomics

Unemployment rate to drop to 9.7% in FY 2021, down from 10.2%…

Shaimaa Al-Aees

Egypt’s private economic activity rises for first time in 12 months

IHS Markit Egypt PMI rose to 49.6 in July, up from 44.6…

Nehal Samir

72% of SMEs in Zambia not able to raise funds due to COVID-19

The research further established that about 40% of firms in Zambia were…

Xinhua

World Bank grants South Sudan $45m to improve service delivery

Millions in South Sudan have been displaced, and the already scarce social…

Xinhua