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

MBG to initiate Pukka 2 in New Capital 2Q 2020

Company continues its offers in March; strong precautions are being taken to…

Shaimaa Al-Aees

Misr Italia Properties to Deliver 500 Units in 5 Projects in 2020, Targeting EGP 4.5bn Sales

CEO, Mohamed Hany El Assal: Company Expects Ministerial Approval for Vinci Project…

Shaimaa Al-Aees

Mountain View to deliver 2,000 units this year, targeting EGP 8bn sales

Company intends to direct EGP 3.5bn investments to its projects this year,…

Shaimaa Al-Aees

Housing Ministry invests EGP 80bn in New Capital’s Garden City

The original neighbourhood of Garden City – located in the heart of…

Shaimaa Al-Aees

ACUD to offer remaining available lands in New Capital’s first phase by year-end

Company to participate in Dubai Expo to attract international investors to New…

Shaimaa Al-Aees

NUCA’s investment plan increases to EGP 90bn in FY 2019/20

Authority receives 3,000 requests to obtain lands through market orientation mechanism, of…

Shaimaa Al-Aees

Slashing interest rate protects real estate industry from COVID-19

CBE’s decision to cut interest rate by 3% is a very proactive…

Shaimaa Al-Aees

saib aims to achieve 200% growth in net profit year-end: chairperson

Bank has 1.31% market share of total loans, 1.47% deposit market share:…

Hossam Mounir

COVID-19 to slash at least 1.5% off global growth this year: Focus Economics

The coronavirus has spurred fears of a global recession. According to Focus…

Nehal Samir

Coronavirus postpones IPOs of Banque du Caire, TAQA Arabia

Sukuk, securitisation issues take the lead, especially as interest rates drop

Alyaa Stohy