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

ARCO launches 5 projects, new sales centre in Citystars Cairo

ARCO’s new showroom is located in Citystars Cairo and will feature interactive…

Shaimaa Al-Aees

ARCO targets sales worth EGP 38bn over 8 years: executive manager

The prices of real estate units are expected to increase by 20-30%,…

Shaimaa Al-Aees

DNE News Brief: 24 November 2016

https://youtu.be/MOsiufiZNwU

Daily News Egypt

US dollar exchange rate against Egyptian pound continues to rise at banks, CBE on Thursday

Prior to the CBE’s decision to float the currency on 3 November,…

Mohamed Samir

Electricity Ministry completes studies on Al-Negila for establishing nuclear power plant

Negotiations underway with Marsa Matrouh governor to allocate 30km to launch the…

Mohamed Farag

Electricity Ministry to repay EGP 800m for fuel to Petroleum Ministry next week

The government raised prices of imported fuel for power plants to EGP…

Mohamed Farag

Egyptian products to be sold in 275 outlets in Iraq’s Kurdistan: Industry and Foreign Trade Ministry

Egyptian companies will showcase their products for free for the first two…

Mohamed Samir

Sharm Dreams forecasted to see 60% decline in revenues by year’s end: Abo El Enein

The company is determined to finish the development of two hotels in…

Abdel Razek Al-Shuwekhi

68.4% decline in tourism revenues in Egypt during first 9 months of 2016: UNWTO report

Saudi Arabia crowns the list of top tourist destinations in Arab countries,…

Ahmed Saad

Egypt ranks 44 in HSBC Expat Explorer report, Singapore secures top spot for 2nd year

Emerging economies offer more opportunities to start or grow a business, according…

Mohamed Samir