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

ERC unlocks industrial potential to uplift communities

Company provides social development programmes including partnerships with local community associations benefiting…

Daily News Egypt

HIDELECO, Military Production Ministry cooperate to manufacture electricity transmission equipment

EGP 100m allocated to support electricity lines in Owaynat and Gabal Al-Kamel…

Mohamed Farag

Government study projects 50% growth in e-commerce amid COVID-19

Study also calls for enactment of legal, customs, and tax legislation to…

Mohamed Alaa El-Din

Government discusses speedy depollution in Kitchener Drain projects

Ministerial meeting also touched on executive situation of Upper Egypt local development…

Daily News Egypt

EFG Hermes to add new business lines for complete NBFIs platform

EFG Hermes has also been an early adopter of the International Financial…

Alyaa Stohy

Public Enterprise Minister discusses EGP 1.7bn revitalisation of historic Continental Hotel

The target project consists of establishing a five-star 250 room business hotel,…

Daily News Egypt

Egypt allocates EGP 47bn to Upper Egypt development in FY 2020/21

The total constitutes 25% of the total distributed government investments, and reflects…

Daily News Egypt

Google offers refugees access to reliable information, digital skills training

Refugees and internally displaced worldwide face job losses due to pandemic’s restrictions

Daily News Egypt

HDB net profit grows slightly to EGP 604.584m in Q1 of 2020

Bank continues providing uninterrupted comprehensive services alongside preventive measures to protect employees…

Hossam Mounir

IDB pre-tax profit increases %3.1 to EGP 391m in 2019

Bank's total financial position increased to EGP 30.380bn in 2019, an increase…

Hossam Mounir