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

New Sunny tops sales of Japanese models with EGP 997.3m

Nissan’s New Sunny model registered sales of EGP 997.3m in the period…

Daily News Egypt

GB Auto acquires 96% of Chinese-made car sales

Ghabbour Auto was able to acquire 96% of the Chinese car market…

Daily News Egypt

Egypt struggles to implement IMF’s conditions before board meeting

The foreign exchange reserves registered $19.59bn in September, an increase of 18.2%…

Hossam Mounir

Fully liberalised exchange unlikely: Arqaam Capital

Following Beltone’s research report, Arqaam releases its perspective on the specifics of…

Nicholas Mehling

Does GCI’s assessment of the Egyptian capital market reflect EGX’s real position?

While EFSA believes that Egypt deserves a better assessment in the ‘regulation…

Mohamed Ahmed

Sawiris and Cypriot partner to develop touristic real estate project

Sawiris is contributing 80% through Gemini Holding and Makronisos with 20%

Ehab El-Dababy

Health sector requires $2.6bn annually from foreign exchange: Prime Minister

Pharmaceutical factories must continue to work at full capacity to cover local…

Daily News Egypt

Metropolitan Egypt provides EGP 260m in financing to 16 companies over 3 months: CEO

Metropolitan Egypt for consultancy has succeeded in providing financing worth EGP 260m…

Hossam Mounir

15.8% decline in shipments traded through Damietta port in August

The was a 5.7% decline in the use of jetties on the…

Mohamed Alaa El-Din