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

High demand pushes Careem Egypt to amend price of service

Additional costs will be fully given to Careem drivers “to encourage them”…

Doaa Farid

Gulf’s markets post an average 3% increase

The slightest increase in the Gulf’s stock markets was recorded in the…

Daily News Egypt

298 ships traverse Suez Canal in 1 week

The ships had a cumulative cargo load of 18.4m tonnes

Mohamed Ahmed

EGX-30 expected to range between 5,900 and 6,200

Investors still wait for positive news to return to their purchasing behaviour

Sara Aggour

NBE targets EGP 65bn SMEs loans portfolio by end of 2020: Deputy Chairman

Bank invested $1.5bn to support importers, China Development Bank received entirety of…

Hossam Mounir

SODIC and Heliopolis Housing sign Contract for Co-development of 655 acres in New Heliopolis

Minimum guaranteed revenues are estimated at approximately EGP 5.01bn to be paid…

Shaimaa Al-Aees

Visa to open office in Côte d’Ivoire to accelerate digital Payments

The office will facilitate engagement with key stakeholders in the region

Daily News Egypt

Sahl Hasheesh invests in build-out of value-added components

Room rates have pushed through pre-revolution levels but occupancy is still struggling,…

Daily News Egypt

$56m increase in foreign exchange reserves at end of February: CBE

The Central Bank of Egypt (CBE) revealed Thursday the balance of foreign…

Hossam Mounir