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 closes 2nd securitization bonds issuance to Misr Italia worth EGP 986m

The bond issuance is backed by a receivables portfolio originated by two…

Daily News Egypt

Al-Sisi reviews Suez Canal development strategy 

Al-Sisi follows up on fishing boat manufacture localization in Egypt

Daily News Egypt

Government inaugurates first smart water treatment plant in Egypt

It’s part of state’s efforts to conserve resources, protect environment 

Daily News Egypt

GB Auto prepares to sell 45% of GB Lease to Chimera for EGP 855m

Baker Tilly sets fair value of GB Lease stock at EGP 2.6

Fatma Salah

Financial Brokerage Group accounts for quarter of EGX transactions during 2022

The Commercial International Brokerage Company (CIBC) came in second place, with a…

Daily News Egypt

Several Egyptian museums to open in 2023

The Ministry also completed the restoration of Muhammad Ali Palace in Shubra…

Nehal Samir

Talaat Moustafa Group beats sales expectations by 28% to EGP 33.2bn in 2022

The company’s sales exceeded its expected limit of EGP 26.24bn by 28%.

Daily News Egypt

Egy Holding completes 45% of EPIC Complex construction works at New Capital

Company plans to complete Complex construction by 2023-end

Daily News Egypt

Saudi Arabia’s United Cars and Motorcycles team visits Museum of Egyptian Civilization

The two teams are participating in the International Sports Exhibition "Expo sports…

Daily News Egypt

FRA increases mortgage finance installment to 50% of income

The decision came in recognition of various economic variables, especially higher inflation,…

Daily News Egypt