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

Wadi Degla Developments increases total sales worth to EGP 5bn in 2016

Wadi Degla has its sights set on the New Administrative Capital while…

Shaimaa Al-Aees

Generic drug competition hits Novartis sales

The Swiss pharmaceutical giant Novartis has said its net profit slipped 3…

Deutsche Welle

Motorcycle, bicycle prices rise by 20%, following devaluation of Egyptian pound

Prices of motorcycles and bicycles rose by 20%, due to the increase…

Ahmed Eid

Car prices continue their journey towards record highs

A new wave of price hikes took place in July for 153…

Ahmed Amer

Phase 1 of the ‘Life View’ compound complete, bookings available

IC Group’s under-construction villas in the ‘Life View’ compound are available for…

Daily News Egypt

Plans to expand investments to EGP 1bn: Ibn Sina sales manager

Personal investments amount to EGP 500m at a time when the real…

Daily News Egypt

New flats to be offered at Elite Real Estate exhibition: Shams sales manager

Shams for Real Estate development offers 115sqm to 190sqm flats with hopes…

Daily News Egypt

Amaer promotes Nasr City 2 project in Elite Real Estate exhibition

The project's 1,600 units are situated on an area of 21,000 sqm,…

Mohamed Alaa El-Din

EGP 600m investments in Cassia North Coast project: chairperson

Cassia North Coast compound and 5-star hotel are set to be completed…

Adel M. Fakhry

Diarna Egypt targets 50% increase in net sales next fiscal year

Land speculations is one of the major challenges facing Egypt’s real estate…

Mohamed Samir