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

Orange appeals verdict compelling it to pay EGP 49m compensation to TE

Orange Egypt announced that it appealed the verdict issued against it on…

Daily News Egypt

15.7 % decrease in number of hotel guests in 2015

The total number of hotel guests reached 9.6 million in 2015, versus…

Hossam Mounir

MFF aims to spend EGP 10bn from CBE’s initiative by end of June: Abdel Hameed

The volume of the initiative’s financing increased from EGP 154m in 2014…

Mohamed Darwish

Egypt’s construction sector is most prosperous in the MENA region: HSBC

The MENA construction sector is surprisingly diverse in terms of exposure, profitability,…

Daily News Egypt

ITIDA offers local electronics manufacturing incentives to foreign and Egyptian investors

The Information Technology Industry Development Agency (ITIDA) organised workshops, attended by more…

Mohamed Alaa El-Din

Ministry of Investment prepares executive regulations for draft investment law

The draft law includes incentives and guarantees aimed at attracting more investments

Mohamed Ayyad

Vezeeta secures $5m for regional expansion

Healthcare IT platform Vezeeta recently announced that it raised $5m from four…

Mohamed Alaa El-Din

Approval of fuel system’s 3rd phase after distributing cards to consumers

Smart cards currently monitoring distribution of petroleum products in the local market

Mohamed Adel