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

Cabrera teams up with HC to bring independent Egyptian research to US investors

Cabrera Capital Markets announced a strategic alliance with HC Brokerage, which is…

Nehal Samir

$10m loan to finance MSMEs from SANAD in partnership with Banque du Caire

The SANAD Fund for MSMEs (SANAD) announced, in a press statement on…

Mohamed Samir

Sharm, Hurghada hotels maintain touristic hotspot status; 84%, 72% forecasted growth respectively: Colliers

Sharm El-Sheikh and Hurghada hotels continued to grow from their low performance…

Mohamed Samir

Petrobel to complete drilling 5 new wells in Baltim gas field by 2019

Atef Hassan, chairperson of Petrobel - Belayim Petroleum, said that his company…

Daily News Egypt

SMEDA signs agreement with IOM to implement local development initiative

We will begin in Assiut because it is one of highest illegal…

Hossam Mounir

German scientists involved in toxic diesel fume tests on humans

Humans were exposed to the toxic fumes in experiments requested by a…

Deutsche Welle

Poor infrastructure curbs Africa’s inclusive growth: African Economic Outlook

Continent’s infrastructure needs estimated at $130–170bn annually

Mohamed Samir

Travel agencies address ECA seeking equality with foreign tour operators

Local travel agencies are subject to VAT, which increases burdens on them

Abdel Razek Al-Shuwekhi

Domty turns to profitability in Q4 on higher than expected sales

Company net profit hit EGP 30.6m in three months until end-December

Elsayed Solyman