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

CCR initiate Frontegate Smart Malls in New Capital

The company said on Tuesday that the mall will operate with the…

Daily News Egypt

SODIC Headquarters to be Powered by Solar Energy in 2020

Westown HUB, SODIC’s 8,000 sqm neighbourhood mall, is directly adjacent to the Polygon Business…

Daily News Egypt

Chinese FDIs to Egypt hike by 350% in Q1 of 2019: Newly appointed ambassador

"I will continue previous Chinese ambassadors' successes to promote bilateral relations with Egypt,"…

Hagar Omran

Global Telecom’s share FV is EGP 4.93: Grant Thornton

Response rate for the offer 54%; 900m shares not called until end…

Alyaa Stohy

Porto Group set to launch Golf Porto City with investments of EGP 11.9bn

Project includes 3,000 residential units, 500 villas, international restaurants, an international school

Alyaa Stohy

Cairo Capital mulls new administrative project in NAC

Company aims to acquire 1000-acre plot of land in Sheikh Zayed Extensions

Shaimaa Al-Aees

NBE holds 29% of deposits, 21.2% of retail loans in Egyptian banking sector

Bank achieved 17% growth in deposits to EGP 1.186bn end-June 2019, retail…

Hossam Mounir

Rollover risk due to large debt service is high in Egypt: IIF

The IIF mentioned that the debt ratios are above 50% of the…

Daily News Egypt

MIIC, Danish embassy discuss inking Danida Business Finance Agreement

“I’m impressed by president Sisi's dealing with religious freedom issues in Egypt,”…

Hagar Omran

SAIB offers Meeza prepaid card free of charge

Card part of bank's strategy to support financial inclusion, says El Kholy

Daily News Egypt