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

El Gouna to host Egypt’s, MENA’s 1st Global Impact Challenge with 220 participants

Egypt regional hub for Singularity University competition, aim to solve issues facing…

Mohamed Samir

Prime Holding offers to acquire 100% of Pharos Securities, investment banking, bookkeeping arms

The proposed acquisition aims to increase the market share of Prime Holding…

Mahmoud El-Qassas

First Egyptian business delegation to Latvia eyes cooperation in IT, food industry, agriculture

Mission met with officials at Ministries of Economy, Agriculture

Hagar Omran

Google appoints Hisham El-Nazer as office director in Egypt

Egyptians use products from Google worth EGP 131bn

Mohamed Fawzy

Banks’ credit facilities see EGP 226.6bn rise end of March, deposits up to EGP 3.930tn: CBE

Private enterprise sector denominates 60.8% of total facilities, with industry in lead,…

Hossam Mounir

Mozambican President Nyusi visits NWRC, discusses boosting bilateral cooperation

Egyptian irrigation minister briefed Nyusi on NWRC departments

Daily News Egypt

Seamless NA 2019: MerQ among top 5 emerging companies specialised in FinTech

MerQ's participation comes within the framework of supporting the state’s strategy and…

Daily News Egypt

EETC allocates EGP 9.8bn to implement strategic projects for transfer of electric power

Projects include Bord El Arab, Oweinat, south east coast lines

Mohamed Farag

Parliament approves Egypt’s largest-ever budget of EGP 1.6tn for FY20

EGP 326.8bn for health and education, EGP 301bn for wages, EGP 149bn…

Mohamed Samir

Boom in hotel occupancy in conjunction with AFCON

A member of the Chamber of Tourism, Waheed Assem, told Daily News…

Abdulrahman Al-Shuweikh