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 pound continues value upward trend against US dollar

US currency lost over EGP 1 since beginning of 2019, including 34…

Hossam Mounir

Majid Al Futtaim’s investments in Egypt amount to EGP 700m in 2019

Company to inaugurate integrated mall in Madinat Nasr year-end with investments worth…

Nehal Samir

CBE encourages banks to invest in funds for emerging small businesses

Decision comes complementary to previous efforts by CBE to support MSMEs, says…

Hossam Mounir

Egypt considers two takeover offers for Siemens power plants

Government sources told Daily News Egypt that the ministerial committee, formed in…

Mohamed Farag

Finance Ministry targets $1bn worth financing for energy sector

Ministry, JICA to ink MoU for future cooperation in health, energy

Hagar Omran

IWAN launches 2 projects in Ain Sokhna, New Cairo

Company has achieved EGP 4bn in sales during 2018, says CEO

Shaimaa Al-Aees

Arkan Palm contracts with Gensler to develop 205-feddan project’s masterplan

Project's investments worth EGP 59bn, says Badr El-Din

Shaimaa Al-Aees

Akam launches 3rd phase of Scenario compound

Amer revealed that the company plans to inject EGP 300m in investments…

Shaimaa Al-Aees

Albostany markets 50% of medical centre with EGP 250m investments

Launching residential, administrative project in Degla Maadi area soon

Shaimaa Al-Aees

Ford, Swvl sign MoU to supply Ford Transit vans for its transport lines

The Memorandum of Understanding (MoU) focuses on cooperation in providing safe, convenient,…

Mohamed Samir