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

CES 2016: Connected cars and smart drones

From drones and robots to jewelry, appliances and TVs, the new technology…

Deutsche Welle

ISAQ Aviation UK to launch Egyptian branch to train pilots: ISAQ Chairman

500 flight hours are provided per person to qualify them to work…

Abdel Razek Al-Shuwekhi

11.6% increase in assets of Egyptian banking sector during first 9 months of 2015: UAB

Regulatory actions taken by CBE s capable of protecting Egyptian banking sector…

Hossam Mounir

Global hotel project on ​​250,000m square in Sharm El-Sheikh has investment of EGP 2.4bn

Improving infrastructure of hotels and increasing their efficiency is "necessary" at times…

Mohamed Ayyad

Egyptian Real Estate Council to prepare initial draft of Real Estate Developer’s Union Law

The Union will classify real estate companies into categories according to the…

Shaimaa Al-Aees

Egyptian-Chinese MOUs signed for administrative capital projects

Projects include construction of new governmental buildings and 15,000 residential units

Sara Aggour

Linatel targets increasing its size of business to EGP 30m in 2016

We are planning to collaborate with the Ministry of Transport to implement…

Mohamed Alaa El-Din

Ministry of Industry to issue a condition of contract for new cement production licenses

The Egyptian Cabinet approved defining a fixed value on cement licences and…

Shaimaa Al-Aees

Russia cancels licenses for Turkish tourism companies that organise trips to Egypt: South Sinai Investor

Egyptian government has to move quickly if Egyptian tourism companies are to…

Shaimaa Al-Aees