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

Egypt reaps rewards of structural reforms: OBG

Noteworthy, Egypt has been implementing economic reforms as part of a $12bn…

Nehal Samir

Italian tourists to Egypt grow by 40% in 2019: Al-Mashat

The number of Italian tourists to Egypt this year increased by 40%,…

Nehal Samir

Sarwa Capital’s net income increases by 130% to EGP 120m in 1Q19

Total Portfolio of EGP 6.2bn, Return on Average Equity of 29%

Daily News Egypt

Oil prices jump $0.90 per barrel, following Aramco pipeline, two Saudi oil tankers attacks

Political moves resulting from these attacks will affect oil market, says expert

Mohamed Adel

Pound appreciated 84 piasters since beginning of 2019: CBE

US currency is approaching EGP 17 against pound, as foreign exchange flows…

Hossam Mounir

Urban areas home to 10.8m Egyptian households, 13.5m in rural areas in 2019: CAPMAS

This year's theme is "Families and Climate Action: Focus on SDG" to…

Daily News Egypt

Egypt, Germany resume negotiations on €240m debt swaps

German companies show interest in investing in Egypt’s waste management, says ambassador

Shaimaa Al-Aees

Saudi oil-pumping stations attacked by drones

Houthi-run Al-Masirah TV cited military official saying seven drones staged attacks on…

Daily News Egypt

Benban investors, EETC dispute over cost-sharing hike threatens project

Cost-sharing value up 130%, companies hint at possible resort to arbitration 

Mohamed Farag