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

Inertia expects local property market recovery in H2 of 2020

Considering mortgage finance option is important to boost sales, says Inertia CEO

Shaimaa Al-Aees

Real estate customers adopt ‘wait-and-see’ strategy amid COVID-19 fallout

Despite economic implications of current crisis, Egypt’s real estate sector anticipates strong…

Alyaa Stohy

MCDR limits board membership to 6-year term

Amendments to company’s corporate governance to be presented to General Assembly on…

Alyaa Stohy

STC acquisition deal of Vodafone Egypt extended 60 days

Acquisition is expected to be closed before November

Mohamed Alaa El-Din

New initiative to replace old cars used in Egypt’s public transport system: Al-Sisi

Al-Sisi noted that the cost of converting diesel run cars to natural…

Daily News Egypt

Al-Asmarat project part of national programme to develop Egypt’s unsafe areas: Madbouly

Speaking at President Abdel Fattah Al-Sisi’s inauguration of several national projects on…

Daily News Egypt

CBE allowed to practice central depository, registration of government securities

New law opens door for privatisation of central depository and registration process

Alyaa Stohy

Egypt to launch EGP 2bn insurance fund to stimulate consumption

Fund aims to boost local consumerism and help citizens obtain goods, services,…

Shaimaa Al-Aees

Egypt receives international requests to restart tourism in Luxor

Upper Egypt Marketing Cultural Tourism Committee preparing for major tourism event to mark Luxor’s…

Nehal Samir

Unjustified population growth exhausts development efforts: Shaarawy

The minister added that the increase in population levels will also prevent…

Daily News Egypt