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

2020 Tokyo Olympics faces vast cost overruns

A new estimate commissioned by the freshly elected first-ever woman governor of…

Deutsche Welle

Ministry of Electricity signs purchase agreement with solar companies

The minister has granted investors 10 days to complete the financial closing…

Mohamed Farag

Giza Chamber of Commerce rejects cabinet decision to form profit margin committee

For Egypt’s economy, which is a free market economy, forcing compulsory quotations…

Mohamed Samir

ECB council meeting leaves rates untouched

The governing council of the European Central Bank has decided to leave…

Deutsche Welle

Juhayna reports 34% decline in Q3 net profits, despite increased sales

Higher costs due to the dollar shortage is the reason behind the…

Mohamed Samir

Heathrow profits up ahead of runway decision

London's Heathrow Airport has reported an increase in earnings for the first…

Deutsche Welle

HOTAC to establish ceremony hall at Helnan Palestine Hotel: chairperson

Ground floor will have 1,000-person capacity, to be built in same architectural…

Basma Ragab

Egyptian Tourism Authority prepares to participate in TT Warsaw exhibition in November: official

Hurghada and Sharm El-Sheikh obtain the lion’s share of the tourism movement…

Daily News Egypt

Helnan seeks to increase size of hotel investments in Egypt: chairperson

Two new hotels were added to the company's management during the current…

Basma Ragab

ECB board meets amid rise of imponderables

The ECB's governing council is meeting in Frankfurt to debate policy options…

Deutsche Welle