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

Hotel room revenues to increase in upcoming period: Colliers International

Quarterly and annual forecast sees rise in room revenues compared to last…

Sara Aggour

Individual bank customers range between 6-8 million: NBE Chairman

There are 10 ATM machines for every 100,000 customers in Egypt, Okasha…

Doaa Farid

External debt decreases by 10.3% in December: CBE

Decrease due to repaying facilities and loans, as well as fall back…

Menna Samir

Marsa Alam Tours signs tourism marketing agreement with Al-Tayyar: Deputy-Chairman of association  

The Association also looks to establish flights from Kuwait, Jordan, and Lebanon…

Abdel Razek Al-Shuwekhi

Palm Hills to manage financing joint project with MNHD near new capital: Source

Project to generate EGP 4.6bn–EGP 5.5bn revenue, development over 4 phases through…

Mohamed Ayyad

Cairo, Sharm El-Sheikh most likely to grow in MENA tourist destinations: Colliers International

Report expects visits to Cairo to increase by 58%, Sharm El-Sheikh by…

Abdel Razek Al-Shuwekhi

E-Finance raises 2015 infrastructure outsourcing investments by EGP 327m

The company achieved consolidated revenues by end of 2014 amounting to EGP…

Shaimaa Al-Aees

Edita’s IPO 4.5 times oversubscribed

Offer price was set at EGP 18.50 per share

Doaa Farid

Egypt could be founding member of China-backed AIIB by mid April

Egypt will benefit as it will aid in developing much needed infrastructure…

Menna Samir

Beit Al-Watan allocated 1,300 land parcels in second phase

Project’s committee meets weekly to discuss those who transferred down payments, violations…

Daily News Egypt