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

Government stabilises fuel prices as hedging contracts defy oil fluctuations

A government source told Daily News Egypt that the government has fixed…

Mohamed Adel

KIA Egypt considers increasing its models in 2020

“I expect the car market to grow by 10-15% in 2020,” says…

Daily News Egypt

Filkhedma: new app provides home maintenance services through 1,000 handyworkers

Algebra and Glint funds pumped EGP 20m for marketing

Shaimaa Al-Aees

Electricity Ministry cancels Al-Nowais’s Oyoun Mousa power plant agreement

Both sides in negotiation to launch renewable energy projects with 500MW capacity

Mohamed Farag

Meeza card’s transactions reach EGP 2.2bn until September: CBE

This came during the event organised on Monday by the British Egyptian…

Hagar Omran

CIAF Leasing ready to issue Sukuk to finance Embraer aircraft purchase

The company arranged with the Financial Regulatory Authority to navigate the process,…

Daily News Egypt

Egypt’s tourism sector to grow 30% by year-end: Minister

The year 2018 was very good for the Egyptian tourism sector, the…

Daily News Egypt

Banks apply limited interest cuts after CBE slashes basic rates

Most cuts were limited to variable return certificates

Hossam Mounir

Sovereignty Fund’s board to approve ownership transferring of public land areas soon: Planning Minister

Government aims at connecting 100 entities' databases by June 2020, says El-Said

Hagar Omran

Moody’s sees Egypt’s rate cut, easing inflation as credit positive for banks

Credit rating agency expects Egypt's GDP to grow 5.6% in 2019, additional…

Mohamed Samir