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

Payfort, valU partner to provide payment options for e-commerce stores

PayFort’s seamless integration with merchant sites allows customers to checkout with just…

Daily News Egypt

MCIT begins 2nd phase of fish resources automation

The project aims to develop fish resources through information system and remote…

Mohamed Alaa El-Din

General Developer system key to advancing Egyptian real estate

Chairperson and Managing Director of Orientals for Urban Development (OUD) Asser Hamdy…

Shaimaa Al-Aees

Developers demand continuous, unlimited financing mechanism of mortgage loans

Egypt’s Ministry of Housing demanded the provision of logical payment periods for…

Shaimaa Al-Aees

Oriental Weavers invest $10m in new expansions to boost sales

Oriental Weavers revenues for fiscal year (FY) 2019 came in at EGP…

Alyaa Stohy

Egypt’s trade deficit decreases 10.8% to $3.45bn in December 2019: CAPMAS

Exports of crude oil, ready-made clothes, plastics, fruits have increased, says report

Daily News Egypt

PHD eyes EGP 1.2bn securitisation issuance in 2020

Palm Hills Developments sales grow 20% YoY to record EGP 14.9bn in…

Alyaa Stohy

Egypt, WBG discuss expanding cooperation fields through future strategic partnership

Malpass optimistic about next wave of structural reforms

Hagar Omran

NBE, EGOTH sign EGP 435m financing agreement to renovate Mena House Hotel

Project’s total cost is EGP 580m, NBE contributes 75% over 7 years

Hossam Mounir

HC expects an average inflation rate of 7.7% in 2020

Firm sees 200 bps interest rate cut, EGP to slightly depreciate to…

Hossam Mounir