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

Banks to withdraw EGP1bn from mortgage financing initiative: CBE deputy governor

National Bank of Egypt, Banque Misr, Banque du Caire, and Housing and…

Hossam Mounir

State not sufficiently concerned about real estate sector: EALB deputy chairman

115 other industries are linked to sector, it is the locomotive of…

Hossam Mounir

Swiss ambassador looks to promising economic cooperation with Egypt

Swiss ambassador to Egypt Markus Leitner talks to Daily News Egypt about…

Maya Nawar

Smart Village to continue expansion in 2016: Adel Danish

Daily News Egypt spoke with the chairman and CEO of the development…

Daily News Egypt

Prof Estate: e-marketing pushes buying, selling in real estate market

During his speech on the second day of the CityScape Egypt conference,…

Daily News Egypt

YouGov expects domestic stabilised growth in real estate over the next 12 months

The study revealed that 69% of workers and consumers in the real…

Daily News Egypt

NAT assigns work on Metro Line 3 to an Egyptian alliance, French company Vinci

Implementation of Metro Line 3 to cost an estimated EGP 1.8bn

Mohamed Alaa El-Din

Madaar Development targets EGP 1.8bn in sales during 2016

Ongoing negotiations with CIB and other private bank to develop company’s real…

Mohamed Ayyad

Electricity Ministry to sign $2.2bn wind farm deal with Vestas in May

Six banks to finance the project, including HSBC and Euler Hermes

Mohamed Farag

SODIC liquidity is EGP 2bn, EGP 700 allotted for acquiring new lands   

Company’s total debts to NUCA for 2016 reached EGP 360m

Shaimaa Al-Aees