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

Unemployment rate falls to 9.9% during Q2 2018: CAPMAS

Unemployed persons recorded 2,875 million people constituting 9.9% of total labour force

Daily News Egypt

Al-Sisi renews term of Mamish as Suez Canal chairperson

This August Egypt celebrated second anniversary of inauguration of Suez Canal

Daily News Egypt

Government launches national payment card before end of 2018: e-finance head

e-finance completes all necessary tests for card before being put under supervision…

Hossam Mounir

NREA pays EGP 180m of debt to NIB

The New and Renewable Energy Authority (NREA) paid EGP 180m of its…

Mohamed Farag

EBRD funds Beyti with $44m

Beyti plans new investments to expand production

Hagar Omran

B Investments achieves net profits of EGP 112m in H1 2018, recording 21% y-o-y increase

Hazem Barakat, chairperson of B Investments, announced in a press statement on…

Daily News Egypt

Sharm El-Sheikh, Hurghada occupancy grows over 30% in Q2 2018: Colliers

Supply rise by 9% in KSA, 3% in UAE, 2.1% in Egypt…

Mohamed Samir

Mobile market loses 1.45% users, internet gains 800,000 new users

The number of mobile subscribers decreased during May by 1.45% month-over-month. According…

Mohamed Alaa El-Din

Egyptians spend about $16 on insurance: IFE

Insurance sector ranks fourth in Africa in terms of sector’s activity growth…

Nehal Samir

EGP 5bn expected investment for Abu Zenima industrial zone in Sinai

Development of region aims to qualify manufacturing industries, says minister

Shaimaa Al-Aees