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

EBRD announce new cooperation strategy with Egypt

EBRD currently has €1.7bn in investments contributing to 34 different projects in…

Mohamed Samir

Our hotel worked just 20 days over a 5-months period: head of Tobya Tourism Investments

The majority of hotels still operating in Taba and Nuweiba are run…

Employee payroll cards education programme is achieving financial inclusion in Egypt: General Manager of Visa Egypt

The programme is being implemented in cooperation with the Egyptian Banking Institute,…

Hossam Mounir

Economists warn of Brexit, but not everyone’s convinced

The question of whether Brits should vote to remain a member of…

Deutsche Welle

VW sees huge potential in ridesharing business

Officials from German carmaker Volkswagen have announced a major investment in ridesharing…

Deutsche Welle

Taba and Nuweiba investors demand formation of crisis committee to face challenges: investors

Region has investments exceeding EGP 15b represented in list of hotels and…

Top 100 Arab World companies’ assets up by 4% in 2016: Forbes Middle East

Global Telecom in Egypt is ranked 85th, with $2.9bn in revenues and…

Shaimaa Al-Aees

German government may head off Chinese takeover of robotics firm Kuka

A German newspaper says the government is trying to put together a…

Deutsche Welle

Record-breaking year for renewable energy

A new renewable energy report shows that around the world, $286 billion…

Deutsche Welle

Construction work for last winter’s Taba flooding costs EGP 250m

Despite the recent rainfall, residents still suffer from a lack of fresh…