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

Middle East M&A deal volume falls in H1 as investors escape troubled markets: report

The number of deals executed in MENA dropped by 23% to 192…

Elsayed Solyman

Finance Ministry to lower customs exchange rate to EGP 16 

The increase is very tiny, as it doesn’t represent 0.5% of the…

Shaimaa Al-Aees

Memaar Al Morshedy to launch new university in New Cairo

Memaar Al Morshedy Group started the construction works of an Egyptian university…

Shaimaa Al-Aees

MCR applies to purchase 110 feddans in New Administrative Capital

Modern Company for Construction and Real Estate (MCR) is seeking an area…

Shaimaa Al-Aees

Oscar Misr to hand over new project in Beit Al Watan by 2020

The company targets acquiring separate land plots in Beit Al Watan to…

Shaimaa Al-Aees

NOUH finalises registration of heritage buildings in Downtown

Each building acquires the requirements of the NOUH approved by the SCPUD…

Basma Ragab

Leather tanning chamber says old Egypt tanneries aren’t procrastinating to move to Robeeky

The chamber confirms that 80% of tanneries are awaiting allocation decisions

Elsayed Solyman

Benban hosts Egypt’s largest solar power project

For years, Egypt has invested millions to modernise and expand its power…

Mohamed Abdel Megeed

EGP 55bn increase in bank deposits, EGP 39bn increase in loan portfolio in May 2017: CBE

Foreign investments in T-bills hike to EGP 176,000bn at the end of…

Hossam Mounir

Al-Shobokshi, Al-Sharbatli inject new investments worth $2.15bn in Egypt 

Minister of Investment and International Cooperation Sahar Nasr announced that she agreed…

Nehal Samir