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

Gradual recovery for private sector in 2020: EFG Hermes

Interest rates to witness 150-200 bps cut in 2020, with inflation stabilisation…

Doaa Elboraie

Al-Futtaim breaks ground on Festival Avenue with EGP 2bn expansion to open in 2022

The expansion marked the celebration of the six-year anniversary of Cairo Festival…

Shaimaa Al-Aees

Egyptian hotel markets continue to experience strong levels of performance

Occupancy rate in in Cairo, Sharm El Sheikh, Hurghada, and Alexandria recorded…

Doaa Elboraie

IWAN: an Ideal collaboration that has grown into a multibillion-pound corporation

With a vision, a sibling leadership in place, and seed money to get started,…

Daily News Egypt

Banking sector is one of the most important pillars of Egyptian economy: Attijariwafa Egypt

Attijariwafa Bank Egypt opened four new branches in Cairo and Giza

Hossam Mounir

After a preliminary loan agreement with IMF, where does Ethiopian economy stand?

Ethiopia’s loan programme to address same challenges Egypt faced before November 2016

Hagar Omran

Africa acquires 4% of global growth in packaging sector

Düsseldorf Fair Authority is the first German exhibition authority to organise an…

Shaimaa Al-Aees

CBE increases value of its tourism support initiative to EGP 50bn

Bank to exempt pre-2011 defaulters in tourism sector from marginal interests on…

Nehal Samir

Gama Construction announces grid connection of 6 solar plants in Benban

Gama Construction’s scope of work in Benban Solar Park consisted of six…

Daily News Egypt

Egypt seeks to increase natural gas production to 8bn scf per day in FY21

Egypt's Petroleum Ministry targets natural gas surplus of about 2bn scf per…

Mohamed Adel