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

Misr Italia achieves EGP 2bn in sales of its projects in 5 months

Company paying land instalments worth EGP 900m to ACUD during 2019, says…

Shaimaa Al-Aees

Swiss embassy closes second football tournament for Egyptian teenage girls

Promoting gender equality key priority for Swiss government, says Swiss ambassador

Daily News Egypt

Average cultural tourist spending in Egypt to reach $100 per day next season

Japan tops list of high-spending countries, followed by the US, Germany, says…

Nehal Samir

Recession hits gold market in Ramadan

Increase in companies’ demand indicates recovery after the season, says Rezk

Walid Farouk

CBE allocates EGP 50bn for mortgage finance for middle-income people

A mini committee was formed including representatives of the CBE, banks operating…

Shaimaa Al-Aees

Government plans to offer treasury T-Bonds, T-Bills worth EGP 146.5bn in June

Finance Ministry borrowed about EGP 184bn in T-Bills, T-bonds in April, about…

Hossam Mounir

Delek Drilling aims to start gas sale to Egypt by end-June

Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas…

Daily News Egypt

Parliament initially approves amendments of mineral wealth act

Issuing law to be completed before end of current parliamentary session: Source

Mohamed Adel

AlexBank, SBC, Pride Capital partner to bring world’s biggest FinTech accelerator to Egypt

The Fintech accelerator programme is considered the first of its kind in…

Hossam Mounir