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

EFG Hermes concludes EGP 638m securitized bonds for Palm Hills Developments

The issuance is structured as follows: Tranche A valued at EGP 105.27m with…

Daily News Egypt

South Korea-Egypt trade exchange hits $3.15bn in 2022

Egypt's exports to South Korea record an all-time high of $1.69bn, up…

Nehal Samir

Anchorage Investments steers Egypt’s downstream projects towards decarbonization

Moharram inaugurated his talk by saying: "Securing energy sources became a pressing…

Daily News Egypt

Tadbiir Group launches its non-banking financial services in Egyptian market

“Our customer-centric strategy is mainly designed with a concrete vision and clear…

Fatma Salah

Elsewedy Data Centers, Gulf Data Hub to revamp Africa’s largest data centre in Egypt

Project comes in line with Egypt's digital transformation; securing investments in IT…

Daily News Egypt

Egypt, Greece discuss developments in joint power linkage project

This comes as an affirmation of President Abdel Fattah Al-Sisi’s vision to…

Daily News Egypt

Saudi Arabia to host 2nd World Defence Show in early 2024

The show will feature the most advanced defense technologies, the Saudi Press…

Xinhua

Chimera aims to expand in non-banking financial activity in Egypt

Company seeks to increase stake in Hermes through open market operations: Sources

Fatma Salah

IOM seeks $84m to help migrants in Horn of Africa

The funds will be used to provide humanitarian and development assistance to…

Xinhua

Egyptian parliament extends law governing expat car import scheme

Under the law, expats will be able to import cars into Egypt,…

Daily News Egypt