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

OWRE fair value from EGP 14.6 to EGP 11.75: Beltone

The NAC creates growth potential for OWRE

Doaa Elboraie

Floating hotel numbers to reach 155 by end of current season

With regards to the EHA’s strategy, he stated that the association is…

Nehal Samir

Construction of New Suez, West Port Said cities to begin early 2020

Establishment of a training centre for real estate technical employees, says deputy…

Shaimaa Al-Aees

IFC to announce new healthcare deals with Egypt before year-end

“We’ve invested $400m in Egypt over 2019 till now,” says Labadi

Hagar Omran

EGP 4trn pumped into Egypt’s infrastructure

Annual increase in population is 3 million citizens, expected to reach 150…

Shaimaa Al-Aees

CBE selects EFG Hermes-Evercore alliance as advisor for United Bank’s equity stake offering

According to the CBE’s Sunday statement, they selected the duo out of…

Hossam Mounir

Egypt’s petroleum products, gas consumption up to 92.4m tonnes in FY 2019/20: source

Domestic fuel needs increase by 4% annually, according to sources

Mohamed Adel

EHA to add 8,000 hotel rooms across Egypt early 2020 with $800m investments

30% hike in the winter season’s reservations compared last year’s winter season,…

Nehal Samir

FDI in Egypt: where does it stand and where is it heading?

FDIs declined 24% to $5,9bn in FY 2018/19, from $7,7bn in FY…

Doaa Elboraie

Elon Musk’s net worth drops $768m in one day after Cybertruck’s failed stunt 

The revolutionary design looks different from any pickup truck ever released. Cybertruck’s…

Daily News Egypt