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

EU ambassador attends opening of EU financed solar power stations in Marsa Matrouh

The EU has provided €21.9m to Egypt as part of its Rural…

Ahmed Adly

Spinneys opens a new store in Alexandria

On March 10, the newest Spinneys supermarket opened its doors to Alexandrians…

Daily News Egypt

Egypt’s annual urban consumer inflation declined to 9.1% in February

The rate of inflation is linked to the continued devaluation of the…

Emad El-Din Aysha

Tourism ministry expects losses from Thomas Cook decision to half trips to Egypt

Decline in European tourism will exceed 80% in 2016 due to suspension…

Abdel Razek Al-Shuwekhi

$140m fund launched to finance power production projects in East African countries

 We aim to deliver power to 800 million African citizens by 2040,…

Mohamed Farag

Banque Misr obtains $100m loan from China Development Bank

The value of the loan has already entered the bank’s treasury

Daily News Egypt

Tourists’ security and safety is most important factor in any stable tourism industry, says JWT Egypt CEO

In an interview at J. Walter Thompson, the agency recently appointed to…

Marwa Azab

Maridive obtains $43m contract for offshore construction in UAE

The company obtained a contract at a time when many companies are…

Daily News Egypt

Ashraf Elkady to take office of United Bank of Egypt by April

Elkady currently serves as assistant managing director of Suez Canal Bank, where…

Hossam Mounir