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

EBRD committed to Egypt’s tourism support despite COVID-19

€200m framework for tourism’s private sector to be approved within two years,…

Hagar Omran

EIB contributes €5.2bn to non-EU COVID-19 fight

The EIB, a publicly owned bank whose shareholders are the EU member…

Daily News Egypt

Covid-19 silver lining a more support to Egypt’s renewable, industrial sectors

As part of the same package of measures, the price of electricity…

Daily News Egypt

Diverse tourism marketing campaigns needed as Egypt may become post- pandemic ‘safe haven’: OUD

We seek to establish medical tourism complex, exploiting Egypt’s natural resources, says…

Stakeholders offer innovative support for Egypt’s entrepreneurs

Support organisations roll up sleeves to help start-ups overcome COVID-19 impact

Mohamed Alaa El-Din

TMG Sukuk records 2.5 bid-to-cover ratio: EFG Hermes

FRA earlier approves first Sukuk offering worth EGP 2bn

Alyaa Stohy

Egypt’s net international reserves retreat to $40bn in March amid global shocks

Bank directs $5.4bn to cover local hard currency needs, bridge gap from…

Hossam Mounir

Cabinet approves 6-month leeway on tourism, private airlines utility payments

Stakeholders argue decision protects against lay-offs, hotel closures, others believe it neglects…

Nehal Samir

High online grocery orders growth due to COVID-19 measures: Noon

We demand exclusion of e-commerce companies from curfew, says Hendawy

Mohamed Alaa El-Din

Egypt to apply WHO’s FCTC on illicit tobacco trade

The states participating in this protocol should be committed to the principles…

Bassant Mohammed