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

COVID-19 may cause 60-80% plunge in international tourist arrivals: UNWTO

International tourism may also lose 100-120m jobs; exports to decline by up…

Nehal Samir

Sharif Farouk to take over as Egypt Post Chairperson

New chairperson succeeds El-Sagheer who resigned early March

Mohamed Alaa El-Din

CBE to offer EGP 24.5bn worth T-Bills, bonds on Sunday

New offerings part of government’s plan to issue EGP 610bn T-Bills, bonds…

Hossam Mounir

Aviation industry to face slow post-coronavirus recovery: S&P Global Ratings

Most major airlines will shrink or merge with others, whilst smaller airlines…

Nehal Samir

Covid-19 negatively affects Kima’s development, expansion plans

Market researchers suggest urea plants could go offline in bid to reduce…

Alyaa Stohy

Colliers anticipates fastest recovery for Emirati, Saudi hotel sectors in MENA

Cairo, Sharm El-Sheikh hotels to record occupancy rate increases of 46% and…

Daily News Egypt

ITIDA, Udacity launch online skills-based training initiative

The online initiative, open to up to 100,000 Egyptians, is part of…

Mohamed Alaa El-Din

COVID-19 accelerates HSBC existing transformation plans to digital services: Group General Manager

Bank has made strong contribution to all CBE initiatives to support economy…

Hossam Mounir

EBRD launches online learning hub for MSMEs

New platform to provide crisis management advice to help over 10,000 companies…

Daily News Egypt

Maait aims to turn Covid-19 plight into power to promote human resource development

Automation of tax and customs systems to be accelerated to stimulate production,…

Daily News Egypt