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

CBE’s mortgage finance interest rate projected to reach 8-12%

The Egyptian Real Estate Council proposed to set an interest rate of…

Shaimaa Al-Aees

Real estate developers aim to participate in Egypt’s social, middle-income housing

The minister explained that the partnership reflects the mutual trust between the…

Shaimaa Al-Aees

Egypt’s exports to Arab countries hike by 7.7% in February, reaching $860.4m

The report added that the UAE is the largest Arab importer of…

Daily News Egypt

Sharq El Owainat to be linked to electricity grid next month

The Egyptian Electricity Transmission Company (EETC) is preparing to receive newly established…

Mohamed Farag

Suez Canal’s transfers to Egypt’s public budget reached its highest level ever in FY 2018/19

Canal's revenues increase by 40.4% in current FY recording EGP 104.2bn

Daily News Egypt

Number of 8 Egyptian tour operators likely to visit Indonesia in June

Numbers of Indonesian students in Egypt witness a significant increase, says ambassador

Hagar Omran

Edita signs loan contract with IFC for $20m

Operational phase of company’s new factory starts in Morocco in 2020

Alyaa Stohy

Scatec Solar finalises 50MW solar plant in Benban

Scatec Solar has completed the implementation of a 50MW solar power plant…

Mohamed Farag

Hapi Tours restructures, appoints new executive management team

Alaa Rady appointed as board member, Mohamed Mahmoud as CEO

Daily News Egypt

Government aims to cut fuel subsidies to 1.7% of GDP in FY 2018/19

Expenditures to improve public services this FY amounted to EGP 182bn, says…

Mohamed Adel