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

IMF forecasts 4.9% contraction in 2020 global economy due to COVID-19

Fund expects negative growth for all regions for first time in its…

Daily News Egypt

Opinion| Ensuring business continuity through digitalisation

The number of people experiencing working remotely in this situation is immense,…

Somesh Adukia

Nestlé to launch healthier choices programme for consumers

Packaged products given nutritional score based on components according to colour-coded system

Daily News Egypt

Egyptian Treasury yields rise sharply as subscription rates drop

The sharp movement in the yield curve was accompanied by a drop…

Alyaa Stohy

Income Tax Law amendments address distortions in tax system: Finance Ministry

Amendments will also see improved tax brackets and across the board tax…

Daily News Egypt

14 Marsa Alam hotels receive 10,400 Egyptian repatriates from 3 April to 27 May

Several Marsa Alam hotels have been set aside for repatriated Egyptians who…

Daily News Egypt

ADNOC signs $20.7bn deal to develop UAE energy infrastructure

The company added that investors will acquire a 49% stake in ADNOC…

Mohamed Farag

Egypt’s tourism companies welcome Hajj cancelling for visitors, raise financial concerns

Saudi decision will cost Egypt’s tourism, aviation companies about EGP 2.5bn, says…

Nehal Samir

Chambers of commerce to submit conceptualisation for shop closing times to FEDCOC

Commercial shop closing times are being studied in coordination with concerned authorities…

Shaimaa Al-Aees