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

US dollar trades at EGP 16.02 to buy, EGP 16.12 to sell on Wednesday

The rise in the dollar also pushed the prices of Arab and…

Hossam Mounir

Local currency deposits in banks rise by EGP 41bn in April

CBE figures also show decrease in surplus of net foreign assets for…

Hossam Mounir

Egypt, EAEU discuss resumption of free trade agreement negotiations

Online expert level negotiations to begin soon via online channels, says Gamea

Shaimaa Al-Aees

TMG announces capabilities to deal with COVID-19

Company reported EGP 243m in its hotel revenues during first two months…

Shaimaa Al-Aees

Government investments worth EGP 47bn allocated to Upper Egypt in FY2021

Local development programme in Upper Egypt is important for achieving sustainable development…

Nehal Samir

Egypt’s PMI for non-oil private sector rises to 40.7 in May

Sector remains below 50.0 that separates growth, contraction

Nehal Samir

EuroAfrica Interconnector project delayed due to unfinished studies: source

Project implementation will not be activated or agreed upon until required studies…

Mohamed Farag

Tourism-dependent governorates report lowest COVID-19 numbers in Egypt: Zayed

Total of 14 hotels in five governorates receive health and safety certificates…

Nehal Samir

Egypt’s economic growth to remain strong in medium-term: Fitch

Macroeconomic, political stability support Egypt’s positive growth 2017 to current health crisis

Doaa Elboraie