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

Merchandise export earnings increase by $2.2bn in H1 of FY 2018/19: CBE

Balance of petroleum trade achieves surplus for first time in 4 years,…

Hossam Mounir

Egypt targets 7.2% deficit, 6% GDP growth, 6.163tn total GDP in FY 2019/20

New draft budget sets price of Brent crude at $70 per barrel,…

Mohamed Samir

Population growth is key challenge of Egypt’s aimed effective economic growth: IMF

Egypt’s current economic growth is higher than regional average, says Baqir

Hagar Omran

Sawiris suggests establishment of SME-specialised bank

We consider acquisition of African banking group, says Egyptian tycoon

Hagar Omran

GAFI to launch three investment areas, four free zones at different locations

The General Authority for Investment and Free Zones (GAFI) will launch three…

Hagar Omran

Uber partners with Dryve to increase part-time sector in Egypt

Part-time drivers currently contribute to 70% of active drivers base, says head…

Daily News Egypt

Egypt participates in WTTC Global Summit 2019

The Minister of Tourism, Rania Al-Mashat, traveled on Monday to Spain in…

Daily News Egypt

IFC invests close to $200m in Egypt, eyes opportunities in infrastructure, manufacturing sectors

The International Finance Corporation (IFC), a World Bank Group member, invested close…

Nehal Samir

SAK exceeds EGP 200m in sales during Cityscape exhibition

Company sells two phases of Sueño project, says CEO

Shaimaa Al-Aees

New Plan Developments invests EGP 8bn in New Administrative Capital

Company sells out Serrano project within six months of its launch

Shaimaa Al-Aees