Uber raises tariff after fuel price hikes

The ride-hailing company, Uber, has decided to amend its tariff, following the hike in fuel prices at the end of June. According to the new prices, the basic fare was…

Daily News Egypt

BUSEET launches new line in North Coast

We provide convenient services to customers at lower prices than private car applications, says El-Sawy

Daily News Egypt

Egyptian businesses feel squeeze after currency flotation: report

The Egyptian private sector is feeling the squeeze after the currency flotation on higher inflation rates and a 700 bps interest rate hike, according to a recent report published by…

Daily News Egypt

Trade balance deficit dropped 43.8% in May 2017: CAPMAS 

Exports grew by 8.8%, reaching $2.28bn, while imports recorded $4.6bn, down by 26.1%

Hossam Mounir

Careem invests $10m since launching in Egypt

The company will launch "Scooter" service to overcome traffic congestion

Mohamed Alaa El-Din

Indian Classic Fashion considers producing garments in Egypt with EGP 1bn capital

The Egyptian market has become more attractive for foreign investments, the sector of textile is priority in the ministry’s plan for industrial development 

Hossam Mounir

ECA to amend Protection of Competition Law to control acquisitions deals

The amendment is necessary to improve Egypt's position in the Global Competitiveness Index and develop the business climate

Nevine Kamel

EGP 11.8bn value of financial leasing contracts in H1 of 2017: Samy

Mortgage funding companies inject EGP 956m during H1 of 2017 with a 77% increase

Hossam Mounir

India, Egypt exchange economic reforms experience in roundtable meeting

India exhibits its successful economic reforms, discusses aspects from which Egypt can benefit in its own experience 

Reem Hosam El-din

Service cost bore by Captains increased, so it was necessary to move quickly: Kato

Rami Kato, the Head of Careem Egypt Operation said that after the increase in fuel prices, the service cost bore by Captains increased. “It was necessary to move quickly as…

Daily News Egypt