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

Uber acquires Middle Eastern competitor ride hailing app Careem for $3.1bn

The transaction is expected to close in the first quarter of 2020

Nehal Samir

Gold: safe haven for investments

Gold one of most important reserves of central banks, will not let…

Walid Farouk

EGP 4.1bn in sales of Talaat Moustafa Group since January

Market does not face real estate bubble, says Moustafa

Shaimaa Al-Aees

USAID administrator meets senior officials, NGOs’ representatives, entrepreneurs

Egypt leads in promoting religious pluralism under Al-Sisi, says Green

Hagar Omran

Al-Sisi asserts Egypt’s keenness on boosting relations and cooperation with Switzerland

Swiss Federal Councillor meets Nasr, Shoukry to discuss boosting economic, political relations

Hagar Omran

Egypt ranks 86 out of 115 countries on WEF’s ETI 2019

MENA has highest energy subsidies in world, says report

Hagar Omran

Arab market represents 30% of incoming tourism to Egypt: Al-Mashat

The Minister of Tourism, Rania Al-Mashat, said that the Arab market is…

Nehal Samir

Tourism’s structural reform programme cornerstone to achieve sustainable development: Madbouly

Prime Minister Mostafa Madbouly stated that tourism’s structural reform programme is considered…

Daily News Egypt

Banks’ net profits increase to EGP 70.2bn by end-2018

Ten biggest banks account for 63.9% of sector’s total profits, while 5…

Hossam Mounir