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

SODIC awards EGP 300m in construction contracts for SODIC East’s development

SODIC had broken ground last year following the successful launch and selling…

Daily News Egypt

Inflation deceleration, EGP/USD appreciation, push F&B sector to benefit: Pharos Research

Despite improving macro conditions and consumer spending behaviour, Pharos expects muted growth…

Alyaa Stohy

20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE’s mortgage finance initiative 

8 companies inject EGP 1.5bn, Taamir Mortgage tops with EGP 551.6m with…

Hossam Mounir

14.8% growth in Faisal Islamic Bank of Egypt’s assets during 2019

Bank manages 1.701m accounts for its clients worth EGP 82.896bn

Hossam Mounir

Dragon Oil buys BP’s state in Gulf of Suez, plans to invest $1bn 

Company aims to increase its total production of 300,000 barrels of oil…

Mohamed Adel

Switzerland is keen on boosting its economic relations with Egypt: ambassador

Swiss companies are interested in investing in Egypt's environment sector, says Garnier

Hagar Omran

Africa is Egypt’s top priority in financial negotiations at IMF, WB’s annual meetings

Meeting wrapped up with high level of Egyptian participation

Hagar Omran

Social Solidarity Ministry to launch integrated smart cards service programme covering Egypt’s disabled community by end-2019

We will conduct reforms on the nurseries’ establishment regulations to make it…

Hagar Omran

Arab banking sector is stable, able to withstand shocks despite  challenges and risks: AMF

Arab banking sector assets reached $3.4trn by end-2018 equivalent to 124% of…

Hossam Mounir

Cairo Water Week: The EIB supports water projects in Egypt with four projects since 2018

EIB grants Alexandria West Wastewater Treatment Plant with €20m, expected to be…

Shaimaa Al-Aees