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 warns Turkey against drilling in Cyprus’ economic zone

Egypt warned against intentions of Turkey to begin drilling activities in a…

Mohamed Samir

Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum

Renewal is essential to secure subsidy allocations from price changes, says El-Molla

Mohamed Adel

Al-Sisi meets with World Bank president over Egypt’s economic reforms

Malpass welcomes Al-Sisi’s implementation of reforms, recognises need for further progress on…

Mohamed Samir

Egypt to become most important tourist destination in 2020: Adventures by Disney

Egypt is to become most important tourist destination by 2020, according to …

Daily News Egypt

Uber, Careem reveal to ECA details of their acquisition deal, waiting for its decision

As per law, ECA to take one of three decisions: approval, rejection,…

Nehal Samir

Sawari Ventures plans to invest EGP 300m end-2019 through four new deals

Ahmed El-Alfy, chairperson of Sawari Ventures, said that the firm will be…

Daily News Egypt

Bank Audi signs final agreement for acquisition of NBG Egypt

Deal depends on approval of both CBE, Banque Du Liban

Daily News Egypt

Cultural tourism represents 30% of Arab tourist inflow to Egypt

Average expenditure of Arab tourists is three times size of European tourists

Nehal Samir

Egypt’s real estate prices have hiked by 75% since pound flotation

Real estate prices in the Egyptian market have hiked by an average…

Shaimaa Al-Aees

‘Koshary Abou Tarek’ sues company for exploiting its name in Bahrain

Tarek Youssef, the chairperson of the Egyptian Company for Managing and Exploiting…

Daily News Egypt