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

IFC, British embassy launch StartEgypt Forum

Start-ups will get chance to present their unique ideas to calibre stakeholders, investors

Daily News Egypt

Egyptian banks increase their SME credit by EGP 136bn in 3 years

Egyptian banks increased their SMEs credit by EGP 136bn from end-2015 till…

Hagar Omran

Scalling up SME access to bank credit requires limiting relative size of public sector: IMF paper

Egypt, UAE, Lebanon, Jordan host three-fourths of MENAP startups

Hagar Omran

In the shadow of stagnation, Egypt imposes notary fees on cars

90% of sales in used market is conducted through power of attorney,…

Zamzam Mostafa

Brilliance models’ assembling to start in Bavarian factories in early 2020

Company aims to reach 10,000 cars annually in first year

Daily News Egypt

Egypt’s hotel market sees 42% RevPAR growth in 2018

Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh,…

Shaimaa Al-Aees

BP to start gas production from 2nd phase of West Nile Delta project

Combined production from project’s three phases is expected to reach 1.4bn scf/day…

Daily News Egypt

Germany disburses $250m worth tranche of soft loan to support Egypt’s economic reforms

Germany decided to disburse the second tranche of the German Government Owned…

Shaimaa Al-Aees