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

IHG signs two-hotel deal in Egypt with Arabia Hotels

InterContinental Hotels Group (IHG), announced the signing of a deal for two…

Daily News Egypt

Government looks to appoint consultant to study using surplus electricity for water desalination

The government is considering appointing a consultant to study the feasibility of…

Mohamed Farag

Libyan oil pipeline attacked by alleged IS fighters

A Libyan crude oil pipeline owned by the Waha Oil Company, which…

Mohamed Samir

NREA to begin withdrawing land granted for wind plants under feed-in tariff next week

NREA will withdraw 90 sqkm due to companies' failure to complete financial…

Mohamed Farag

IFC to invest almost $1bn to support Egypt’s private sector this FY

IFC’s investments in Egypt reach $2.9bn, including financing mobilised from other investors,…

Shaimaa Al-Aees

SODIC, MHND merger to have strategic impact on both firms: report

Synergy between two companies to enhance Egypt’s real estate sector

Daily News Egypt

Egypt shares target 18,000 points as foreign investors likely to build new positions

EGX saw positive performance last week, despite rising geopolitical tensions

Elsayed Solyman

United Bank launches UB Digital Wallet

Fintech has become main engine of growth for national economy, dissemination of…

Daily News Egypt

ABE, Visa launch partnership for cooperation in digital payments industry

The Agricultural Bank of Egypt (ABE) and Visa Inc have entered into…

Daily News Egypt

Egyptian market promising, has significant potential for Crédit Agricole Group:  CEO

CAE one of leading banks in group's 50-country operations, says Brassac

Hossam Mounir