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

Fifth Coaltrans Cairo discusses expansion in using coal in industrialisation

The fifth edition of Coaltrans Conference held in Cairo between 18-19 March…

Daily News Egypt

EFG Hermes reports EGP 1bn profits, EGP 4.3bn revenues in FY 2018

Firm’s board of directors proposed cash dividend of EGP 0.65/share, equivalent to…

Daily News Egypt

Boeing to release new software update, training to face concerns found in 737 MAX accident

Company is supporting Ethiopian plane crash investigations, providing technical expertise, says Boeing’s…

Daily News Egypt

Tatweer Misr signs MoU with NJIT, OCC to start first American IBC in Bloomfields at Mostakbal City

Tatweer Misr, an Egyptian real estate developer, signed a memorandum of understanding…

Shaimaa Al-Aees

Egypt targets budget deficit of 7.2%, GDP growth of 6.1% in FY 2020: Finance Minister

The Egyptian government targets a budget deficit of 7.2% and a GDP…

Tamer Farhat

Inaugurating 30 June Axis within one month: Minister of Housing

The Minister of Housing and Urban Communities, Assem El-Gazzar, announced that the…

Daily News Egypt

Three projects drive City Edge’s sales in 2019

We aim to achieve EGP 10bn in sales, says company’s CEO

Hagar Omran

WB, Mortgage Finance Fund discuss details of new deal

Fund’s loans portfolio to increase to EGP 32bn at end of 2019,…

Hagar Omran

Egypt’s public investments reach EGP 1.5tn in last four years: Planning Minister

Africa’s needs are estimated at $170bn annually to implement infrastructural projects

Nehal Samir