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

Flotation raises the development cost of 665 feddans in New Heliopolis by 20%

Hany Al-Deeb, CEO of the Heliopolis Company for Housing and Development told…

Alia Stouhi

Postponement of El-Farasha’s offering to 2018 

EGP 1bn expected sales by the end of 2017 with 82% growth

Alia Stouhi

MFIC plans to establish EGP 500m real-estate fund 

Targeted profits of Misr Investment and Financing Fund at EGP 45%

Alia Stouhi

NBE increased its capital by EGP 26.4bn since June 2008: chairperson

We continue to strengthen the financial position of the bank and increase…

Hossam Mounir

Banks resilient in face of challenges Egypt witnesses: UAB

Egyptian banks are still operating well and achieved growth in most areas

Hossam Mounir

20% increase in loans, 15% more deposits at Al Baraka Bank: Beltone

Foreign currency loans account for 25% of loans, while deposits in foreign…

Hossam Mounir

Increase of EGP 63.8bn in loans, EGP 51bn in deposits at Banque Misr

Bank achieved the highest profits in its history, a total of EGP…

Hossam Mounir

Sakr Group targets to increase exports to $30m in 2017

Turkey is the leading competitor for the Egyptian market abroad

Basma Tharwat

El Rashidi El Mizan to increase sales to EGP 500m in 2017

15% expected increase in exports after the inauguration of the new factory

Amany Radwan