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

Egyptian steel, iron, cement exports decline 33% in 1Q 2020

The report said 67% of these exports went to Saudi Arabia, Libya,…

Shaimaa Al-Aees

COVID-19 is Egypt’s impetus to rethink its smart cities

Opportunities for structural change to how cities are developed following the pandemic

Shaimaa Al-Aees

First Group to launch residential project in Sheikh Zayed by mid-May

The new luxurious villas only compound spans over 40 feddan, and is…

Shaimaa Al-Aees

NAC real estate developers promise punctual project delivery

Construction work has not stopped despite Covid-19 outbreak with projects remaining on…

Shaimaa Al-Aees

CBE highlights financial soundness indicators of local banking sector

Bank profits reach EGP 83.184bn last December: CBE

Hossam Mounir

Egypt to open Qalma Bridge on Cairo-Alexandria Agricultural Road

Ministry of Transportation is set to build six bridges at a cost…

Daily News Egypt

Egypt’s smartphone market threatened by supply chain shortfalls

Consumer demand remains same, with increased need for technology due to social…

Mohamed Alaa El-Din

Remittances to MENA in 2020 to fall 19.6% due to COVID-19: WB

Decline attributed to lower oil prices in GCC, global slowdown, says report

Hagar Omran

Prime Minister Madbouly asks local manufacturers to increase raw materials production 

Current crisis is perfect time for local industry to strengthen its position…

Shaimaa Al-Aees

3 mobile operators to provide ventilators, medical supplies to quarantine hospitals

The personal protective equipment will include protective clothing, medical masks, face and…

Mohamed Alaa El-Din