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

UAE’s Aabar acquires 5.1% stake in Palm Hills Development

Deal reflects Egyptian real estate sector’s ability to attract regional and international…

Doaa Farid

Tourist occupancies in Sharm El-Sheikh stable this week: Hotels Chamber

Occupancy rates remain at 55% despite October bombing in North Sinai

Abdel Razek Al-Shuwekhi

Overall budget deficit declines to 12.8% during FY 2013/2014: Finance minister

Budget deficit compensated by EGP 95.8bn oil aid, EGP 21.5m monetary aid…

Abdel Razek Al-Shuwekhi

Government postpones Economic Summit to avoid Chinese New Year

Dispute surrounding Kuwaiti grant valuing $1bn, Ministry of Finance confirms its arrival,…

Abdel Razek Al-Shuwekhi

US delegation investigates investment climate, includes potential investors

Meeting held Saturday between American Chamber of Commerce members and Prime Minister…

Mohamed Ayyad

Economic conference to be held, over 1,000 business leaders to attend

Prime Minister and ministers of the economic, legislative, and infrastructure group will…

Mohamed Ayyad

Egypt’s trade minister to visit Ethiopia in December

Abdel Nour will participate in African Union Ministers of Trade Conference on…

Doaa Farid

Tender to be offered for $1.5bn loan this November: El Molla

Ministry hopes to pay nearly $1bn of debts to foreign partners by…

Mohamed Adel

International cooperation ministry denies receiving $1bn from Kuwait

Last aid to Egypt was $350m Saudi loan for electricity projects and…

Doaa Farid

New Urban Communities Authority offers 8 tenders in 4 new cities

New Urban Communities Authority Vice Chairman Kamal Fahmy said that four public…

Daily News Egypt