Egypt shares likely to extend sideways move as CBE keeps interest rates on hold

EGX30 lost 3.5% in a week, hovering around its lowest level in 9 months

Elsayed Solyman

2018 tourist season strong, occupancy up 20% since year beginning: Hilton

Group plans to add 7 new hotels through 2022, Waldorf Astoria Hotels & Resorts forecasted to find a big market

Daily News Egypt

CBE, MasterCard discuss pushing digital payments in Egypt

MasterCard cooperated with the Egyptian government in issuing 4.6m payroll cards for government employees

Hossam Mounir

Mamish, Nasr discuss UAE’s Bin Omeir plans to increase investments in Egypt

Minister of Investment and International Cooperation, Sahar Nasr, and Chairman of the Suez Canal Authroity and the Suez Canal Economic Zone, Mohab Mamish, discussed the plans of Bin Omeir Holding…

Daily News Egypt

Export Development Fund boosts shipping cost to Iraqi and Libyan markets by 50%: Kabil 

This decision will increase exports to both markets by up to 25%, says minister of trade and industry

Nehal Samir

Gulf Capital considers investing $110m in Egypt within 2 years

Negotiations to buy a stake of Amiral Holdings Limited worth $30m: Cherif

Ahmed Farahat

$ 3.5bn Egypt’s exports to Gulf countries in 8 months

The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that Egypt's total exports to the Gulf countries during the period from January to August 2017 was worth $3.5bn. On…

Mohamed Samir

General prosecutor orders detention of Libyan national involved in Al-Wahat incident

The 15 defendants were caught during a campaign in the area of the shoot-out by security forces a few days following the attack

Daily News Egypt

Fahmy reviews Egypt’s efforts in facing climate change during Bonn’s COP23

Egypt’s Minister of Environment Khaled Fahmy said Friday that the Paris Agreement is considered as a big change in the international mutual efforts to face the danger of climate change,…

Daily News Egypt

Al-Hariri in Elysee after speculations about his Saudi Arabia stay

France isn’t offering a political exile, said Macron

Mohamed Samir