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

Saudi Alhokair Family acquires 4.99% stake in Cairo-based valU

Currently subject to relevant regulatory approvals and satisfaction of certain conditions precedent,…

Daily News Egypt

Visa, CIB launch global ‘She’s Next Initiative’ for first time in Egypt

Visa announced on Monday the launch of its global ‘She’s Next Initiative’…

Daily News Egypt

China seeks to harmonise Belt and Road Initiative with Egypt’s 2030 Vision

In a press conference held by the Chinese Embassy in Cairo, Wang…

Daily News Egypt

Egyptian start-ups attracted $380m in financing in the first 5 months of 2022

Mahfouz explained that Egypt is witnessing unprecedented booms in the telecommunications sector,…

Mohamed Alaa El-Din

State Ownership Document to attract foreign investments: Al Bostany

Document clarifies market exit procedure in some economic sectors, including real estate…

Daily News Egypt

AkamAlRajhi Developments: Egyptian-Saudi partnership to develop urban real estate projects

In a press conference to announce the partnership, Abdulwahab Saleh AlRajhi, Chairperson…

Daily News Egypt

Proposal to provide mortgage for under-construction units stimulates local market, but needs CBE support

The value of finance provided by mortgage finance companies amounted to EGP…

Shaimaa Al-Aees

Real estate, automotive sectors affected by local currency devaluation: OLX Egypt

The study showed a 15% reduction in real estate listings during June…

Daily News Egypt

African Ministers of Finance, Economy, Environment to discuss financing and climate issues

This came in a bilateral meeting with Malian Minister of Finance and…

Daily News Egypt

HSBC Egypt launches Green Personal Finance for more sustainable choices

HSBC Green Personal Finance is available exclusively for the purchase of electric…

Hossam Mounir