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

Prime Holding to establish consumer finance arm ”Prime Finance”

Company studies borrowing EGP 250m to fund future expansions

Alyaa Stohy

Pyramids to start offering units of NAC’s Paris Mall soon: chairperson

Company's investments in NAC reached approximately EGP 6bn, says El Kholy

Shaimaa Al-Aees

Egypt’s auto market witnesses new wave of price cuts as automakers introduce 2020 models

Up to EGP 200,000 price cuts on 2019 car models, cashback rewards…

Yara El-ganiny

35% of Tower Bay’s first phase to be completed year-end

Company develops EGP 700m commercial administrative project in New Cairo

Shaimaa Al-Aees

GAFI, MSMEDA agree to further promote investment in 3 local zones

GAFI to extend its protocol with CAPMAS to facilitate founding of new…

Hagar Omran

Sarwa Capital`s net income hikes 24% y-o-y in 1H2019 reaching EGP183m

Upon approval of shareholders, paid-up capital will be increased from EGP 119.697m…

Daily News Egypt

CONIA interest rate benchmark comes into force

New standard reinforces CBE's ability to improve monetary policy

Hossam Mounir

Egypt’s PMI amounts to 50.3 in July: IHS Markit

Overall, firms are generally positive regarding future condition of economy, says David…

Daily News Egypt

Oil prices fall to $61.15 per barrel as trade war subsides

Decline in oil prices to reduce fuel subsidies to 10% in Q1…

Mohamed Adel

Egypt, Bombardier agree to build two monorails

Bombardier was selected to establish a €3bn monorail project in Egypt in…

Daily News Egypt