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

MIHC controls 60% of insurance market shares : Deputy Chairman

Three companies emerged from MIHC, and are 100% owned by it: Misr…

Daily News Egypt

Banque Misr celebrates 95th anniversary

Egypt’s first bank, Banque Misr was established by Talaat Harb

Daily News Egypt

Banque Misr sponsors Ramadan tournament of youth centres

The bank’s contributions in social responsibility are focused on several axes that…

Daily News Egypt

Donations to charities see high demand at banks

Misr El Kheir Foundation, 57357 Hospital, Magdy Yacoub Heart Foundation acquire biggest…

Daily News Egypt

Gulf tourists double reservations in Cairo hotels for Eid

Occupancies in Cairo hotels vary between 20%-30%, looks to increase to 70%…

Abdel Razek Al-Shuwekhi

Red Sea Governorate targets tourism share increase to 50% by end of 2015: Tourism Ministry official

Tourists visiting Red Sea area last year spent 73.8m nights compared to…

Abdel Razek Al-Shuwekhi

Red Sea resorts reject increase of water company’s insurance prices: Chamber of Hotels official

Tourist resorts threaten to build private water desalination plants away from area’s…

Abdel Razek Al-Shuwekhi

OTMT records EGP 373.8m net profits, 15% YoY surge

Company’s standalone net profits register EGP 221.5m

Sara Aggour

$2.25bn cost of importing gas for FY 2015-2016

BP starts supplying 18 liquefied gas shipments to Egypt next month

Mohamed Adel

Ministry of Housing denies termination of Cairo Capital MoU

Contradictory reports have surrounded project since its announcement

Menna Samir