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

PHD places hotel with 71 COVID-19 cases under Ministry of Health

The company will cover all expenses related to the patients’ stay, including…

Alyaa Stohy

GSEF starts face mask production line for needy hospitals

The new production line comes off the back of the “Ahl Misr…

Mohamed Alaa El-Din

Cairo Three A to complete Egyptian Starch and Glucose acquisition in May

Sources familiar with the acquisition told Daily News Egypt that it is…

Alyaa Stohy

Two COVID-19 patients give birth in quarantine hospitals: PM advisor 

Medical team wore yellow PPE suits during deliveries

Daily News Egypt

EM non-resident inflows to slow to $444bn in 2020: IIF

Institute expects total foreign investments in EM, excluding China, worth $304bn, lowest…

Nehal Samir

EFG Hermes, Paytabs partner for new electronic payments services

Paytabs Egypt will enable consumers and merchants to make one step purchases…

Alyaa Stohy

Finance Minister discusses anti-coronavirus strategy with African counterparts

Cooperation must be strengthened to face pandemic’s economic repercussions, says Moeit

Hagar Omran

Ministry of Trade and Industry inspects factories for COVID-19 measures implementation

The inspections are to take place to ensure compliance with the measures…

Shaimaa Al-Aees

IFC invests $20m in new private equity fund to boost MENA growth

The fund, named SPE AIF I, is managed by SPE Capital Partners…

Shaimaa Al-Aees

20% increase in real estate sales projected following COVID-19

El Shehry added that the local real estate market remains, so far,…

Shaimaa Al-Aees