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

Government decreases final settlement for Al-Futtaim to EGP 214m: Sarie-Eldin

Settlement includes five-year extension for project execution and unconditional letters of guarantee…

Mohamed Ayyad

The Bank of 20XX

It started with the ATMs because they broke many banks’ assumption that…

Daily News Egypt

EGP 4bn real estate investments in Sheikh Zayed: City chairman

Sheikh Zayed hopes that business, entertainment, and sports services will reach the…

Abdel Razek Al-Shuwekhi

Farmers demand higher price on beetroot

Sugar cane factories will begin receiving sugar cane crops by the end…

Daily News Egypt

EGP 100,000 microfinance limit subject to 5% increase: EFSA chairman

Microfinance law is most important economic legislation issued since January 2011, claims…

Sara Aggour

Erqan crossing with Sudan to open next March: Authority

Countries aim to increase mutual trade to $11m annually, compared to current…

Daily News Egypt

EGP 8bn to develop road network: Transportation minister

Ministry plans to expand road network to limit accidents and accommodate traffic

Mohamed Ayyad

State of the currency exchange market

On the black market, the lowest selling price for the US dollar…

Daily News Egypt

High optimism among Egyptian consumers: MasterCard index

Consumer confidence has grown significantly since the new presidential elections in 2013,…

Menna Samir

Banks highlight improved services, quarterly results

CIB Q3 net profit rises 5.6% Egypt’s leading bank, Commercial International Bank…

Daily News Egypt