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

Local banks deny restrictions on providing $100 notes

The Central Bank of Egypt gave no instructions to lenders operating in…

Dahlia Kholaif

Egypt created economic DNA after summit: Ezz Al-Arab

Local banks will provide financing using pound, not dollar, for Economic Summit…

Mohamed Ayyad

CBE sells $281m Sunday, instead of usual $40m to banks

This Sunday and 1 March saw larger than usual amounts supplied to…

Menna Samir

Arabtec approval to be applied on NUCA partner projects

New Cairo, 6th of October, Sheikh Zayed and Al-Shorouk cities excluded from…

Menna Samir

Talks to be held mid-April for Arab Customs Union establishment: Ministry of Industry

To date, requirements for establishing the union have not been fulfilled by…

Menna Samir

15% of revenue from Beit Al-Watan goes to low-income projects

Age range of applicants for the social housing project increased to 50…

Daily News Egypt

Arab Contractors Co. raises investments in Ethiopia by $111m

The company is studying building a new affordable housing project in Addis…

Shaimaa Al-Aees

Legal restrictions behind absence of Egyptian developers in Saudi Arabia

Despite growing market, countless opportunities and housing shortage, Egyptian firms unable to…

Dahlia Kholaif

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