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

Oriental Marsa Alam increases electricity, water prices at resort

New tariff set at EGP 3.5 per kW for electricity, EGP 25…

Mohamed Farag

ABCC takes part in Brazilian Ministry of Agriculture’s regional visit to 4 Arab countries

Brazilian exports to Egypt reached $1.3bn in first 8 months of 2019,…

Hagar Omran

U.S. sanctions on Iran cripple economy, squeeze people

Moni, who runs a carpet store in Tehran, has been spending idling…

Xinhua

Allianz launches social inclusion initiative with UNICEF for vulnerable children

Corporate commits minimum of EGP 6.5m over next three-year period to support social…

Nehal Samir

Marakez records EGP 1.9bn sales of Sheikh Zayed’s AEON project

Company studies obtaining 35-feddan land in Minya or Assiut to develop new…

Shaimaa Al-Aees

IDB, Cairo governorate sign cooperation protocol to support, finance development, industrial projects in governorate

Protocol continuation of bank's vital development role to create good investment climate,…

Hossam Mounir

German Intec wins consultant contract for construction of Zafarana solar power plant

Three companies, including Belectric, NARI Group Corporation, and Vikram Solar, technically qualified…

Mohamed Farag

MTI to acquire new indirect stakes in Masary, Bee, to merge 2 companies in H1of 2020

Ebtikar increased its stake in Masary to reach 54.9% by acquiring 9.1%

Alyaa Stohy

TikTok marks massive success in Egyptian market 

Egypt, Saudi Arabia, and the UAE are the most three important market…

Nada Deyaa’

ECHEM ongoing investments surpasses $2bn mark: Ministry of Petroleum

This came during ECHEM’s general assembly to approve the financial results for…

Daily News Egypt