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

Dahab, the Red Sea’s golden city

Surrounded by sparkling turquoise water on one side, and majestic mountains and…

Mohamed Samir

Egypt’s AvidBeam wins Best Artificial Intelligence Firm at CES

We were ranked among the top 20 promising companies in 2017, says…

Mohamed Alaa El-Din

Rosatom begins license procedures for Dabaa nuclear power plant

Atomic Energy Authority approval to be granted in 6 months, confirm sources

Mohamed Farag

English investment fund seeks to acquire Amoun Pharmaceutical for $600m

Canadian Valeant Pharmaceuticals International has sought exiting Amoun since 2011, sources say

Mostafa Fahmy

Egypt’s growth rate forecast at 4.5% in 2018: WB


Growth rate projected to reach 5.9% by 2019, says the report

Shaimaa Al-Aees

Emaar Misr awards construction contracts worth EGP 2bn for phase one of Marassi Marina project

Construction of the Marina basin is expected to be completed by 2020

Shaimaa Al-Aees

NBE, Local Development Ministry, Misr El Kheir sign protocol to support development projects in North Sinai

Protocol reflects NBE's interest in development by providing funding for SMEs, affirms…

Hossam Mounir

Arabian Cement Company to settle off $30.9m NBE loan by Mid-2021

Arabian Cement Company (ACC) announced that it received approval on rescheduling the…

Shaimaa Al-Aees

Egypt establishes investment company worth EGP300m to develop free trade, investment zones

At a press conference on Wednesday, Minister of Investment and International Cooperation…

Nehal Samir

Egypt’s annual inflation falls to 22.3%, its lowest level since November 2016

Inflation to fall below 20% in January and to decrease to 10-12%…

Mohamed Samir