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

Tourism revenue expected to decline by 40% by December 2016: ETF chairman

Tourism revenues will fall to $3.5bn in 2016, compared to $6.1bn in…

Abdel Razek Al-Shuwekhi

If Russian, British flight suspensions continue, sector’s losses will be exacerbated: Hisham Ali

Russian and British tourism represent the largest influx to South Sinai resorts;…

Abdel Razek Al-Shuwekhi

Number of CIT members increases to 981 companies

The number of companies benefiting from the programme aimed at increasing local…

Mohamed Alaa El-Din

Al-Ahly Real Estate inaugurates Platinum Club with EGP 350m investments

Platinum Club launches first Real Madrid Foundation Technical Academy in Egypt

Daily News Egypt

Kuwaiti tourists spend $170 per night in Egypt on average: adviser to tourism minister

380,000 of 1.1 million tourists to Egypt were Arab in first quarter…

Abdel Razek Al-Shuwekhi

Negligence of foreign currency resources aggravates ballooning dollar crisis

A decline in revenues from tourism, FDI, the Suez Canal and Egyptian…

Doaa Farid

EGX, Bahrain Bourse sign agreement to cooperate in cross listing: EGX chairperson

The agreement will contribute to listing Bahraini companies in the EGX and…

Mohamed Ahmed

Real estate marketing companies expect 25% to 30% increase in prices

Prices cannot be brought down; it is possible they could stabilise but…

Shaimaa Al-Aees

OHD to begin expansion of second El Gouna marina early 2017: GM

We still have a large portfolio of lands in the resort of…

Abdel Razek Al-Shuwekhi