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

2018 is booming year for tourism in Hurghada throughout last 3 years: Guirguis

Hilton Hurghada Resort launched new renovation plan, scheduled to be completed by…

Sarah El-Sheikh

Removing European car import customs tariffs causes inertia in Egypt’s used vehicle market

First week of 2019: traders maintain prices, customers wait for reductions

Yara Ali

Tredco invests EGP 30m in first assembly line of electric scooters in Egypt

Factory’s production capacity reaches 100 units per day

Mohamed Al-Roubi

Egypt’s economic outlook remains positive, backed by tourism, natural gas: Credit Suisse

Weak FDI, reliance on hot money, inflation still challenging

Mohamed Samir

International, local financial institutions offer to invest $934.1m in Egyptian T-bills

Interest rate accepted by CBE grew to maximum of 3.8%, minimum of…

Hossam Mounir

Three companies request land to establish wind farms worth $500m

Land plots of 80 skm needed to launch 400MW energy projects

Mohamed Farag

Gasoline 95 price tied to Brent price, exchange rate, transport costs: Petroleum Ministry spokesperson

No intention to increase prices of other fuels until end of current…

Mohamed Adel

NBE’s syndicated loans share in Africa amounts to 9.7%: Bloomberg

Bank lead Egyptian market in joint loans in 2018

Daily News Egypt

MuzicUp expands in MENA with bigger share of digital music distribution market

‘We provide artists, labels with reliable way to stream records in chosen…

Ahmed Lamloum

Akam Developments achieves EGP 1.7bn in sales from Scenario project

Company plans to develop 2 ventures in New Administrative Capital, says sales…

Shaimaa Al-Aees