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

First Egyptian-Saudi 5-star hotel will be built on Maadi Corniche : SECON CEO

SECON’s investments will be EGP 5bn over next five years, ranging from…

Shaimaa Al-Aees

5 years needed to implement Arabtec project

The Emirati company’s profits from the project will not surpass 7.5% of…

Sara Aggour

Red Sea governorate approves beginning of developments of Sheraton Hurghada Hotel

Governorate ends conflict with Saudi-Egyptian Co. providing construction works licence for hotel’s…

Abdel Razek Al-Shuwekhi

Egyptian contractors have lion’s share of awarded Saudi contracts: Head of EFCBA

The value of the contracts handled by Egyptian contractors in Saudi is…

Dahlia Kholaif

Fluctuations in oil markets affect real estate sector significantly

Cityscape Egypt to take place September 2015, says Sabbour

Mohamed Ayyad

Poverty map puts Upper Egypt among SFD’s priorities during 2015: Fund Director

The Social Fund for Development (SFD) is fighting poverty across Egypt’s governorates…

Abdel Razek Al-Shuwekhi

ALEXBank registers EGP 724m in net profits

ALEXBank reported a 9.5% growth in net profit in 2014, registering EGP…

Daily News Egypt

Barclays Egypt to boost credit portfolio to EGP 9bn

Barclays targets a 10% growth in the deposit portfolio by the end…

Daily News Egypt

Domestic liquidity rises by over EGP 1bn

The figures show that domestic liquidity now registers EGP 1.109bn (7.3%) during…

Daily News Egypt

Banque Misr to allow services 24 hours a day through “Remote Teller”

Banks should adopt developed technological infrastructure that aim to develop communication channels…

Doaa Farid