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

MBG intends to direct EGP 10bn investments to New Administrative Capital

Company aims to complete marketing of Pukka project’s first phase in 2018

Shaimaa Al-Aees

El Mostakbal negotiates with pioneering companies to develop 1,000 feddans in Mostakbal City

EGP 3.5bn total contract for first, third phases of Mostakbal City, says…

Shaimaa Al-Aees

Brickzey exclusively markets Arabiano project for Arabia Holding 

Company's target sales of reach EGP 6bn by end-2018, says CEO

Shaimaa Al-Aees

City Edge Developments targets EGP 1bn in sales this year in Etapa Project

Company plans to launch a new project in the North Coast this…

Shaimaa Al-Aees

BMW faces lawsuit in US over alleged emissions cheating

German premium carmaker BMW is forced to deal with a class-action lawsuit…

Deutsche Welle

EGEMAC consortium to set up Naga Hammadi transformer station for EGP 721m

Cost self-financed, project to be completed within 12 months, says Abdel Rahim

Mohamed Farag

Visa appoints Marcello Baricordi as general manager for MENA

Visa announced, in a Monday press statement, the appointment of Marcello Baricordi…

Daily News Egypt

16% decline in EGF Hermes’ profit in 2017

Egyptian Financial Group Hermes Holding (EFG Hermes) announced in a press statement…

Daily News Egypt

CBE to review interest rates on Thursday

Market uncertainty over expected MPC decision, as inflation eases, interest on dollar…

Hossam Mounir

EEHC looks to borrow $90m for Upper Egypt Electricity

Loan to finance maintenance programmes, GE began implementation, says El-Shahat

Mohamed Farag