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

Heitkenoffel plans to export fibre optics to Nile Basin, COMESA countries in 2019

Company targets 25% annual growth, plans to increase local components to 80%,…

Mohamed Alaa El-Din

Egyptian court bans ride-hailing apps Uber, Careem

Egypt's Administrative Court issued a verdict on Tuesday to bar ride-hailing services…

Mohamed Samir

US Congress, business community praise Egypt’s reforms

Delegation held 89 meetings, including 33 with US lawmakers, 16 with research…

Nevine Kamel

Auerbach Grayson expands access to Swiss market through partnership with Mirabaud

Auerbach Grayson & Co announced on Tuesday that it has partnered with…

Daily News Egypt

Egypt Co negotiates with 3 parties to finance 2 projects worth $500m

American, Canadian, Saudi enterprises seek to participate in production of cement for…

Mohamed Farag

Al-Futtaim targets EGP 4.5bn sales in 2018

Company allocated EGP 2.5bn for construction this year, says managing director

Shaimaa Al-Aees

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Ration cards will not be withdrawn from those with income over EGP 2,500: IDSC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