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

Industry Minister reviews draft of Golden Triangle project’s masterplan

The project includes industrial and mining plans as well as agricultural, tourist…

Daily News Egypt

Abou Hashima acquires 51% of Presentation Advertising Agency

This acquisition will negatively affect the Egyptian media market, eventually causing media…

Doaa Fahmy

Saudi Public Investment Fund invests $3.5bn in Uber

The PIF will have a seat on Uber’s Board of Directors

Daily News Egypt

ECB corporate bond buying in focus

Starting this month, the European Central Bank (ECB) will be buying up…

Deutsche Welle

IDA receives 8 requests for cement licences after deadline ends

IDA has completed the delivery of TORs on 14 new licences for…

Daily News Egypt

M Square Properties launches largest project yet with EGP 2bn investments

In this unusual project, three villas will be built on top of…

Daily News Egypt

11 Egyptian entrepreneurs to participate in Global Entrepreneurship Summit in California

Meetings to be held with businessmen and government bodies to support entrepreneurship,…

Nihal Mounir

Beltone Financial Holding to acquire majority stake in New York-based brokerage firm

This agreement will expand Beltone’s presence in the US, in addition to…

Daily News Egypt

EBRD announce new cooperation strategy with Egypt

EBRD currently has €1.7bn in investments contributing to 34 different projects in…

Mohamed Samir

Our hotel worked just 20 days over a 5-months period: head of Tobya Tourism Investments

The majority of hotels still operating in Taba and Nuweiba are run…