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

Palmier Real Estate to launch Marsa Matrouh tourist resort with investments worth EGP 140m

The resort will be located on 10 acres of land, says chairperson

Shaimaa Al-Aees

Capital Group Properties starts first phase of Al Burouj with investments of EGP 300m

The first phase of the project will be delivered in early 2020,…

Shaimaa Al-Aees

New mortgage finance law would double size of Egypt’s real estate market in less than a year: developer

Head of parliament's Housing Committee calls on minister of investment to sign…

Shaimaa Al-Aees

DNE news brief 20 November 2016

https://youtu.be/GDRE3A3zWuE

Daily News Egypt

5 companies to submit offers for launch of Hamrawein coal plant in March: Electricity Minister

EGP 33bn allocated for the expansion of the national electricity grid over…

Mohamed Farag

Lure of investments unaffected by imprisonment of Press Syndicate head: expert

On Saturday, former vice president Mohamed ElBaradei took to social media, wondering…

Hisham Salah

Apache to invest $960m in western desert concessions during current fiscal year

Ongoing discussion in regards to increasing FY 2017/2018 investments with Apache’s officials,…

Mohamed Adel

Despite high interest, banks attract only EGP 26bn of new funds into saving certificates

Investments in new saving certificates amount to EGP 135bn, 81% recycled from…

Mohamed Ayyad

CIB increases spending limit on cards abroad for 3rd time

The Commercial International Bank (CIB) increased its spending limits on its cards…

Daily News Egypt

IPP to re-offer 10% of its shares in December

The International Printing and Packaging Company (IPP) will reoffer 10% of its…

Mohamed Ahmed