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

Crude oil price rise to $70.16 on back of OPEC cuts

Brent crude rose by 5 cents, or 0.1%, to $70.16 a barrel,…

Daily News Egypt

EEHC aims to implement asset management programme to curb financial burdens

Law allows offering 49% of ownership to private sector, says Salmawy

Mohamed Farag

EFG Hermes completes advisory on NMC Health PLC’s, Hassana Investment Company JV

Furthermore, GOSI, one of the largest pension funds in the world by…

Daily News Egypt

Vicat aims to achieve profit early next year

Vicat acquired Sinai Cement, located near Al-Arish City, in 2003. Sinai Cement…

Shaimaa Al-Aees

Stability, promotion campaigns have revived tourism in Egypt: UNWTO

The tourism sector in Egypt suffered a downturn since the 2011 revolution,…

Nehal Samir

Electricity Ministry aims to obtain land plot for pumped-storage plant

The technical aspects of the project were reviewed in cooperation with Artelia,…

Mohamed Farag

Bank Audi Egypt seeks to strengthen its presence in Egyptian market

Bank can support its presence among largest financial institutions in Egypt, Middle…

Hossam Mounir

Egyptian pound continues value upward trend against US dollar

US currency lost over EGP 1 since beginning of 2019, including 34…

Hossam Mounir

Majid Al Futtaim’s investments in Egypt amount to EGP 700m in 2019

Company to inaugurate integrated mall in Madinat Nasr year-end with investments worth…

Nehal Samir