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

HOTAC targets EGP 4.2bn revenues in 2019/20 budget, net profit of EGP 1.2bn

El-Lisan Hotel-Ras El bar opens July with EGP 230m investments, Shahrazad Hotel…

Alyaa Stohy

Share of Fawry offered in EGX before end of 2019 through partial exiting of investors

FV of company's shares being determined before approval, completion of offering procedures:…

Alyaa Stohy

Initial surplus in Egypt’s budget EGP 58.2bn in 11 months: Ministry of Finance 

Meanwhile, Egypt achieved an initial surplus of only EGP 1.9bn during the…

Nehal Samir

SFD inks 3 grant agreements for Egypt’s SMEs sector

New joint cooperation in transportation sector to be announced soon, says Nasr

Hagar Omran

CBE to discuss interest rates on Thursday

Expected rise in inflation means CBE likely to keep interest rates unchanged…

Hossam Mounir

Pyramids Developments starts construction of EGP 2bn Paris Mall in NAC

The company also has three other shopping centres in the NAC, including…

Shaimaa Al-Aees

Egyptian tourists’ numbers to Georgia increase by 12.1% in H1 of 2019

Number of visitors from Egypt still needs to increase, says Georgian ambassador

Hagar Omran

Financial bids for tender solar station construction in Zaafarana to be received 25 July

Nari, Vikram, B Electric qualified…Elecnor, TSK excluded

Mohamed Farag

ACUD profits y-o-y EGP 2bn: Abdeen

ACUD denies negotiations with banks to obtain loan worth EGP 2bn, says Chairperson

Shaimaa Al-Aees