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

SMEDA, NBE sign EGP 400m deal to finance small projects

The deal will benefit 2,288 small projects, offer 6,864 jobs

Hossam Mounir

Airlines raise prices of Umrah tickets

Prices in last days of Ramadan may reach EGP 16,000-EGP 20,000, tourism…

Abdel Razek Al-Shuwekhi

Egyptian-Portuguese Business Council to begin first meetings in March

New chairperson of the Egyptian-Portuguese Business Council (EPBC), Mohamed Abul-Enein, said that the council…

Hagar Omran

Ration cards will not be withdrawn from those with income over EGP 2,500: IDSC

The cabinet’s think tank, the Information and Decision Support Centre (IDSC), denied…

Mohamed Samir

Sico’s Nile X sales soar to 50,000 devices

The Egyptian Company for Silicon Industries (Sico Egypt) managed to sell 50,000…

Mohamed Alaa El-Din

Egypt discusses with Romania enhancing joint trade, investment relations

Volume of trade exchange between two countries from January to November 2017…

Daily News Egypt

SMEDA pumped EGP 323.4m into development projects in Suez

Agency injected EGP 276.5m to finance 11,273 micro, small projects, creating 27,700…

Hossam Mounir

Total bank credit facilities increased by EGP 14.7bn in 5 months

Private business sector accounted for 61.3% of total facilities, CBE says

Hossam Mounir

German prosecutors raid VW over CO2 emissions

Scandal-hit German carmaker Volkswagen has confirmed that its global headquarters was searched…

Deutsche Welle

Ryanair buys into Laudamotion

Irish budget carrier Ryanair has announced it's buying a stake in new…

Deutsche Welle