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

Foreign partners’ investments in 2017/2018 at $10bn: Minister of Petroleum

Commitment to pay the dues of partners led to increase their investments…

Mohamed Adel

Cabinet approves a supplementary phase of Beit AlWatan project to attract more remittances: Housing Minister

Minister of Housing Mostafa Madbouly announced the approval of the Cabinet in…

Shaimaa Al-Aees

Metallurgical Industries Company receives 9 international bids for developing Iron and Steel Company

Holding Company for Metallurgical Industries, one of Ministry of Public Sector Affairs’…

Shaimaa Al-Aees

Africa achieved only 1.7% economic growth in 2016: UN

The constant changes that struck the Egyptian economy throughout 2016 is only…

Reem Hosam El-din

GAFI approves establishing 4 investment zones in Suez, Luxor

The board of General Authority for Investment and Free Zones (GAFI), headed…

Shaimaa Al-Aees

Number of hotel rooms to increase 300% in 8 years: Marsa Allam Investors Association Study

The city witnessed a revival in the incoming movement during July, increasing…

Aisha Zidane

North Coast resort turnout grows, price hikes limit revenues of Alexandria hotels during summer

The demand for beaches has been affected during the current year as…

Naglaa Abou El-Soud

Passenger traffic at airports increases 0.85% in July

Hurghada International Airport witnessed a significant increase in the number of passengers,…

Ahmed Saad

Back to school slogan loses its luster this year

Floating the pound, lower purchase value, and the feast puts the Egyptian…

Nehal Samir

New micro-finance initiative worth $2.8m launched in Egypt

Egypt’s micro-finance segment is gaining new momentum thanks to central bank and…

Daily News Egypt