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

Elmasria markets 650 units in Beit Elmasria with targeted sales of EGP 250m 

Elmasria Group for Real Estate will begin marketing 650 new units in…

Daily News Egypt

Real estate companies’ offers attract high turnout at Next Move 

Reduction of down payments, extension of payment periods up to 10 years

Hamada Ismail

Committee for Investment Disputes settles conflict between Saudi businessman Al-Mehdar, Matrouh Governorate

Egypt’s Ministerial Committee for Settlement of Investment Disputes succeeded in resolving the…

Daily News Egypt

NAT poses tender for Metro Line 2 extension to Qalyoub city 

Authority invited 5 companies to participate in tender, including Dar Al-Handasah

Mohamed Alaa El-Din

NREA negotiates with 5 banks to obtain EGP 1bn revolving loan

The New and Renewable Energy Authority (NREA) is currently in talks with…

Mohamed Farag

Sharm, Hurghada hotels marked as touristic hotspots, 97%, 62%, forecasted growth respectively: Colliers

Sharm El-Sheikh and Hurghada hotels were marked as touristic hotspots with a…

Mohamed Samir

Finance Ministry considers increasing income tax for some sectors

Some sectors have not achieved targeted tax,  therefore ministry targetting tax structures…

Ahmed Ismail

Local banks, foreign financial institutions offer investments worth $1.29bn in Egyptian T-bills

Highest interest rate on investment in those bills is 3.5%, while lowest…

Hossam Mounir