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

Majid Al Futtaim to open new EGP 4.9bn mall

Mall of Egypt is expected to open in 2016

Daily News Egypt

Sawiris assumes CEO role of OTMT

Orascom Telecom Media and Technology Holding (OTMT) announced Wednesday that Ahmed Abou…

Daily News Egypt

Global Telecom sells Burundi and Central Africa shares

Global Telecom planned to sell Telecel to another entity last year, but…

Shaimaa Raafat

Abraj Misr develops EGP 4.5bn project in El-Nozha: Company chairman

Contract signed with French consultant and consultations underway with a foreign contractor…

Mohamed Ayyad

ECESR files appeal against decision forcing taxi drivers to provide bank statements

According to traffic law, taxi owners are not obliged to submit bank…

Doaa Farid

Tourism Syndicate asks 7% annual allowance for workers

General Syndicate for Tourism and Hotels makes request in light of increased…

Abdel Razek Al-Shuwekhi

IDB approves $230.2m Sharm El-Sheikh airport development

Bank’s contribution to development project reaches $457m

Sara Aggour

Documents requested for stock market listing reduced

Up to six companies are expected to list on EGX before end…

Sara Aggour

New law regulating National Authority for Tunnels expected: Chairman

Legislation expected to allocate more transfer resources to the authority and allow…

Daily News Egypt

Agreement signed to begin phase 1 of Arabtec project before year’s end

Subsidiaries formed by Arabtec to implement the project, says Ministry of Housing

Daily News Egypt