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 launches joint venture with private sector to manage African intra-trade project “Gosoor”

Africa expected to achieve 4% economic growth, while some European countries likely…

Shaimaa Al-Aees

EK holding’s revenues grew by 9.7% YoY recording $125.2m: Beltone

Beltone set EK Holding fair value at $1.5 with expectations to upgrade…

Daily News Egypt

Cinnabon to launch three more shops by year-end

The company is investing around EGP 40m in its new factory in…

Shaimaa Al-Aees

Thomas Cook owes €14m to Egyptian tourism sector: local agent

Blue Sky Travel Group bought two hotels in Sharm El Sheikh with…

Nehal Samir

Oracle makes lucrative offer to provide services to new administrative capital’s data centre

Waleed Abdul Hamid, Oracle’s Sales Vice President of Application Solutions in CATLEENA,…

Mohamed Alaa El-Din

43 investors offer to invest $1.721bn in Egyptian T-Bills auction

CBE accepts $1.56bn worth offers from 33 investors for Egyptian T-Bills with…

Hossam Mounir

91 American firms entered Egyptian market in 2018: AmCham president

Political, economic conditions are more favourable now than before to take FTA…

Hagar Omran

Egypt-US trade exchange hiked to $7.8bn in 2018: Ian Steff

New US ambassador in Egypt asserts his keenness to improve joint trade,…

Hagar Omran

Digitising Government: public entities will act like one entity: Amr Talaat

170 public services to be provided electronically to Port Said residents before…

Hagar Omran

Egypt seeks US active contribution to further develop its oil sector: El-Molla

"We did a lot to settle foreign companies’ arrears," says Petroleum Minister

Hagar Omran