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

Youth aged 18-29 account for 48.5% of workforce: CAPMAS

About 61.9% of Egyptian youth communicate via internet in 2016

Hossam Mounir

5.6% growth in traded cargo in Damietta port in June 

47% increase in the volume of goods exported through the port

Mohamed Alaa El-Din

Ministers of investment, antiquities review establishment of 2 investment zones with Luxor governor 

The new Investment Law will provide incentives for investments in Upper Egypt,…

Mohamed Samir

$4.8bn trade volume between Egypt and African markets

Economic ties are the top priority on Al-Sisi’s agenda in the upcoming…

Mohamed Samir

Nile Air second largest airline in Cairo: OAG

The company achieved 32% y-o-y growth, 18% increase in flights

Daily News Egypt

2.6% growth in passenger traffic at airports during June

Passenger traffic grew by 2.6% in all local airports through June. According…

Ahmed Saad

Daily wage for tour guides increased to EGP 700

The Egyptian General Tourist Guides Syndicate relies on the support provided by…

Daily News Egypt

Steigenberger to complete first phase of Giza hotel by end of 2017: regional manager

All developments of the hotel will be completed by the end of…

Basma Ragab

Egyptian Tourism Ministry backtracks on allowing Burkini

Hotels now have the authority to either ban or allow women wearing…

Mohamed Samir

Ministry of Tourism allocates $10m to promote Sharm El-Sheikh resorts

Current occupations of Sharm El-Sheikh do not exceed 50% from Ukrainians, Arabs,…

Ahmed Saad