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

Hotel occupancies increase at 60% in Hurghada and Sharm El-Sheikh: Ministry official

Christmas season saw increase in Red Sea area tourism occupancies, occupancies in…

Abdel Razek Al-Shuwekhi

378 complaints against securities companies: FSA head

The paid-up value in companies' establishment and capital increase for listed companies…

Shaimaa Al-Aees

Easy Taxi reaches 50 million rides

Easy Taxi intermediates have an underlying estimated transaction value of around $500…

Daily News Egypt

Al-Sisi calls for launch of villages’ national development project

Egyptian President discussed development of Egyptian villages with economic team

Sara Aggour

France loans Egypt €7.15m to develop Taba International Airport

Loan scheduled to be repaid in 20 years, with six year grace…

Doaa Farid

Public workers’ affairs abolished, human resources management starts in March: Minister of Planning

No price increase for oil products and the decision is up to…

Daily News Egypt

EGP 44bn total debts of Electricity Ministry go to Petroleum Ministry

Finance Ministry pays 50% of monthly electricity bill the Electricity Ministry consumes…

Menna Samir

77,679 bought tenders in million-unit project in three governorates: Housing Ministry

Ministry of Housing has begun allocating 13,000 housing units to the beneficiaries…

Daily News Egypt

Mehleb and chairmen of EGX and EFSA study criticised securities tax: Government official

Securities industry representatives strongly criticised the tax, describing it as punishment for…

Mohamed Ayyad

New bid to acquire Arab Dairy offered, EFSA announces

Al-Nour Company for Dairy Product offers EGP 58 per share

Doaa Farid