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

Egypt sees $442m tourist income in February

Most tourists came from western Europe or 40% of 640,000 tourists

Abdel Razek Al-Shuwekhi

EGP 1.6tn deposits in banks: NBE chairman

Eastern Mediterranean countries experiencing revolutions, war and bombings losses amounted to $250bn,…

Shaimaa Al-Aees

Capital market sheds EGP 7bn

ICFC announced intention to increase capital from EGP 30m to EGP 45m…

Sara Aggour

Hyundai Verna most sold car in Egypt

EGP 1.4bn in Korean car sales in Egypt in the first two…

Daily News Egypt

Qalaa Holdings hires CI Capital to exit Tanmeyah firm

Qalaa says exit will help company provide liquidity for purchasing treasury stocks

Doaa Farid

Applicants for ‘Dar Misr’ housing project can amend reservations until 14 May

The project targets a total of 150,000 residential units

Doaa Farid

Alexandria hosts regional LACTIMED Project conference

LACTIMED is promoting various dairy industry sectors across Europe and the Mediterranean

Daily News Egypt

Hotel investors request loan delay from Tourism Ministry: Hotels Chamber Official

Investments on tourism lands for development at EGP 68bn, most located in…

Abdel Razek Al-Shuwekhi

EGAS studies preparing Adabiya Port to receive 2nd gasification ship

The official added that the second ship will have more than 42…

Mohamed Adel

Surplus cement supply stabilises prices for 5th month

854,000 tonnes of cement were produced in April, states Minister of Supply

Sara Aggour