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

Infinix tops sales of smartphone market in H1 2017

The company accounts for 15% of the mobile market, according to GFK

Mohamed Alaa El-Din

Arpu Plus to provide 3 banks, private universities with mobile messaging services

We expect 10% compound growth over the coming 3 years, says Nessim

Mohamed Alaa El-Din

Egypt imposes visa on Qataris

Qatari leaders discuss impacts of boycott

Mohammed El-Said

Pioneers Holding to list 30% of Rooya Real Estate on EGX

The company seek to gather EGP 1bn from the IPO

Elsayed Solyman

Investment, Immigration ministries to establish Egyptian expatriates office to support investors

The ministries will organise promotional campaigns to encourage investment in Egypt

Daily News Egypt

EFG Hermes to invest $21.5m in Frontier Investment Management Partners Ltd 

The transaction will foster EFG Hermes’ position as the region’s biggest asset…

Elsayed Solyman

Uber follows Careem, raises its prices

Basic tariff at EGP 6 for UberX, EGP 1.85 per km

Mohamed Alaa El-Din

Remittances from expatriate Egyptians rose 11.1% in May

The remittances stood at $1.7 billion against $1.5 billion a year earlier

Hossam Mounir