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

Egyptian Competition Authority accuses Glovo, Delivery Hero of restricting competition

Earlier, Spanish home delivery startup Glovo is shutting down its services in…

Daily News Egypt

Value of mortgage finance drops to EGP 440.7m during Q1 2019

The report pointed out the acquisition by investors according to monthly income…

Shaimaa Al-Aees

Crude oil price rise to $70.16 on back of OPEC cuts

Brent crude rose by 5 cents, or 0.1%, to $70.16 a barrel,…

Daily News Egypt

EEHC aims to implement asset management programme to curb financial burdens

Law allows offering 49% of ownership to private sector, says Salmawy

Mohamed Farag

EFG Hermes completes advisory on NMC Health PLC’s, Hassana Investment Company JV

Furthermore, GOSI, one of the largest pension funds in the world by…

Daily News Egypt

Vicat aims to achieve profit early next year

Vicat acquired Sinai Cement, located near Al-Arish City, in 2003. Sinai Cement…

Shaimaa Al-Aees

Stability, promotion campaigns have revived tourism in Egypt: UNWTO

The tourism sector in Egypt suffered a downturn since the 2011 revolution,…

Nehal Samir

Electricity Ministry aims to obtain land plot for pumped-storage plant

The technical aspects of the project were reviewed in cooperation with Artelia,…

Mohamed Farag

Bank Audi Egypt seeks to strengthen its presence in Egyptian market

Bank can support its presence among largest financial institutions in Egypt, Middle…

Hossam Mounir