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

Egypt to start trial operation of electricity interconnection with Sudan at 60MW capacity

Shaker said that the trial operation will start as soon as possible…

Mohamed Farag

Ecomondo 2019 to launch from Tuesday 5th to Friday 8th November at Rimini Expo Centre

It will be held simultaneously with Ecomondo, Key Energy, for the world…

Daily News Egypt

Real estate developers to start collecting instalments through banks over the next five years: Property Finder

Developers, brokers are to continue focusing on digital platforms to reach largest…

Daily News Egypt

Egytrans’s revenues rose 43% to EGP 89m in Q1of 2019

Net profit boosted by 27% y-o-y reaching 18m

Daily News Egypt

Lufthansa Group to operate an Airbus 330 aircraft to Egypt this summer

Company now operates flights to Red Sea from Belgium, Germany and Switzerland,…

Shaimaa Al-Aees

UAE approved Uber’s acquisition of Careem

UAE currently 1st country in relevant markets to grant approval of Uber’s…

Nehal Samir

China appoints new ambassador to Egypt

Liao Li Qiang to meet president Al-Sisi for his credentials soon

Hagar Omran

Egypt, France negotiate over €35m in new funding for agricultural SMEs

Local authorities have ambitious plans to develop agriculture sector, says French ambassador

Hagar Omran

Banks operating in Egypt post net profit of EGP 39.29bn end-March

Top 5 banks denominate 74.48% of profits, top 10 account for EGP…

Hossam Mounir

EIPICO starts acquisition measures of 9.77% stake of MUP for over EGP 200m

New financial adviser appointed to assess fair value of deal before sending…

Alyaa Stohy