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

Mercedes now largest premium carmaker?

German carmaker Daimler has shifted into higher gear in the past months…

Deutsche Welle

Volkswagen executive arrested in US: report

"The New York Times" has reported that Oliver Schmidt, a Volkswagen executive,…

Deutsche Welle

SECON intends to inject EGP 2bn in Egypt through 2017

Exchange rate gaps must be calculated quickly to spare construction companies losses,…

Hossam Mounir

Real estate marketers demand that Beit Al-Watan prices be decreased by 30% 

The New Urban Communities Authority considers reducing the price per metre over…

Ahmed Samir

DNE News Brief: 8 January 2017

https://youtu.be/lrc4dz64_YA

Daily News Egypt

HDB conducting public lottery for social housing land in January 2017

The Housing & Development Bank is currently conducting a lottery for social…

Hossam Mounir

EGP 188bn in deposits, investments at Egypt Post in H1 of FY 2016/2017

The number of savings accounts increased from 23.1m in May 2016 to…

Mohamed Alaa El-Din

Banque du Caire to inject EGP 1bn across various economic sectors in 2017

Sectors include transportation, logistics, construction, industry, food, and commodities

Hossam Mounir

ECA refutes illegal broadcasting rumours

The Egyptian Competition Authority (ECA) dismissed rumours that it would approve the…

Hisham Salah

Inertia completes 1st phase of Veranda in Sahl Hasheesh on 60,000 sqm

Investments in Egypt amount to EGP 2.6bn, says El-Adawy

Daily News Egypt