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

Domty’s net income jumps by 35% in 3Q19 beating expectations: Beltone

Domty’s market share in Cairo has increased

Doaa Elboraie

Egypt to launch its first communications satellite within days 

Tiba-1 will be a great leap in communications and information technology, says…

Daily News Egypt

Egypt’s PM approves new amendments to Investment Law’s executive regulations

The decree included the addition of two articles 126 bis and 126…

Daily News Egypt

EFG Hermes achieves EGP 358m profits, up 34% y-o-y

Strong growth for the third quarter driven by solid performance of Investment…

Hagar Omran

E-finance IPO to be completed by January 2020: chairperson

25% expected growth in company’s profits in 2019, says Sarhan

Daily News Egypt

MNHD achieves EGP 4.6bn sales in 10M 2019

Company targets 20%increase in sales 2020, says general manager

Shaimaa Al-Aees

Egypt’s coastal markets continue to improve: Colliers

Supply in major Egyptian markets has grown at annual average of 3%,…

Shaimaa Al-Aees

Marakez develops Mall of Arabia with EGP 395m loan from Emirates NBD Egypt

The facility will be used to finance Mall of Arabia’s new development…

Daily News Egypt

Egypt targets 6.2% budget deficit, 6.4% GDP growth in FY 2020/21

State also targets debt-to-GDP ratio of 80% in next FY, says MOF

Nehal Samir

MSCI announces November 2019 SAIR results with 13 deletions and six additions: Beltone

Egypt will witness the deletion of AMOC EY and SKPC EY

Doaa Elboraie