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

Orascom Development expects to launch partnership with Housing Ministry in Q1 2019

Company's undeveloped land bank in Egypt reaches about 25m sqm, says CEO

Shaimaa Al-Aees

EEHC negotiates with Siemens on operation, maintenance of 3 stations

Contract extends over 8 years, payment in Egyptian pounds, euros

Mohamed Farag

Chinese textiles city’s first phase will include 100 factories

Chinese companies negotiate with ACUD to acquire over 60 feddans of land…

Shaimaa Al-Aees

MNHD studies obtaining EGP 1bn loan to fund Sarai project

Company aims to achieve sales from EGP 5.5-6bn in 2018, says CEO

Shaimaa Al-Aees

Credit Agricole Egypt continues development plans in 2018

We have CSR philosophy based on sustainability, empowerment, says managing director

Hossam Mounir

World Bank increases Egypt’s GDP growth forecast to 5.3% in FY 2017/18, 5.7% in FY 2018/19

The World Bank improved its previous forecast of Egypt’s gross domestic product…

Daily News Egypt

Global foreign investment slows as returns decline

Global foreign direct investment (FDI) fell by almost a quarter last year,…

Deutsche Welle

Cairo, Al Khobar selected as touristic hotspots with 15%, 9% forecasted growth respectively: Colliers

Cairo hotels were named touristic hotspots by Colliers International, with a forecasted…

Daily News Egypt

New EU data law forces firms to ban WhatsApp, Snapchat from phones

Citing data privacy concerns, German auto parts maker Continental has banned WhatsApp…

Deutsche Welle