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

Decline in private sector’s share of bank loans to 63.2% end-2017: CBE

Banks still prefer to lend to government, abandon role in providing credit…

Hossam Mounir

Bavarian Auto celebrates assembling new BMW G30 5 series

Local components at 45% of BMWs, says Zakaria

Ahmed Amer

Renault introduces new Duster at 40th anniversary in Egypt celebration

Industry, trade, economy climate paving way for further expansion, says Walentynowicz

Daily News Egypt

Cyber breach of Careem customer, driver data

Ride-hailing company Careem identified a cyber incident involving unauthorised access to the…

Daily News Egypt

Egypt-based Swvl raises $8m in series A funding

Swvl, the Egyptian app-based mass transit application, announced an $8m series A…

Daily News Egypt

EU announces Households Gas Connections Project

Project costs $1.2bn, €68m of which is European grant

Hagar Omran

Al-Sisi ratifies amendment to law on real estate expropriation

President Abdel Fattah Al-Sisi ratified on Monday an amendment to the law…

Daily News Egypt

MedNet Egypt plans to raise its paid-up capital to EGP 40m

Company runs medical contracts for 12 entities with premiums amounting to EGP…

Mohamed Azzab

Juhayna reports 39% hike in Q1 profits in dairy, yoghurt segment

Net profit margin increased to 5.2% compared to last year’s 4.5%

Elsayed Solyman

Tatweer Misr invests EGP 16bn in Il Monte Galala in Ain Sokhna

Company has marketed 60% of Il Monte Galala's first phase

Shaimaa Al-Aees