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

35% of Tower Bay’s first phase to be completed year-end

Company develops EGP 700m commercial administrative project in New Cairo

Shaimaa Al-Aees

GAFI, MSMEDA agree to further promote investment in 3 local zones

GAFI to extend its protocol with CAPMAS to facilitate founding of new…

Hagar Omran

Sarwa Capital`s net income hikes 24% y-o-y in 1H2019 reaching EGP183m

Upon approval of shareholders, paid-up capital will be increased from EGP 119.697m…

Daily News Egypt

CONIA interest rate benchmark comes into force

New standard reinforces CBE's ability to improve monetary policy

Hossam Mounir

Egypt’s PMI amounts to 50.3 in July: IHS Markit

Overall, firms are generally positive regarding future condition of economy, says David…

Daily News Egypt

Oil prices fall to $61.15 per barrel as trade war subsides

Decline in oil prices to reduce fuel subsidies to 10% in Q1…

Mohamed Adel

Egypt, Bombardier agree to build two monorails

Bombardier was selected to establish a €3bn monorail project in Egypt in…

Daily News Egypt

IPO of Fawry 30x oversubscribed in EGX

The offering included 36% stake, which represents 21% of its capital.

Daily News Egypt

Beta allocates EGP 250m for construction works in 2H19

Company mulls new development project in September

Shaimaa Al-Aees

Al-Wadi unveils new project in North Coast

Company launched 4th phase of Agora Sidi Abdel Rahman project in mid-July,…

Shaimaa Al-Aees