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

Morshedy Group acquires iconic Zamalek Tower in EGP 2.5bn deal

Morshedy Group, led by businessman Mohamed Morshedy, has acquired the landmark Fouda…

Daily News Egypt

SCZONE signs contracts for smart truck yard at West Port Said with EGP 250m investment

The Suez Canal Economic Zone (SCZONE) has signed contracts to establish a…

Daily News Egypt

Servier Egypt celebrates jubilee with new production line, cancer programme

Servier Egypt, part of the global Servier Group, has commemorated its 70th…

Daily News Egypt

Hassan Allam launches Jinet Agriculture, expands agricultural portfolio

Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a…

Daily News Egypt

Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024

The Central Bank of Egypt (CBE) reported that the net foreign assets…

Hossam Mounir

Investment Minister visits Spain to strengthen economic ties

Minister of Investment and Foreign Trade Hassan El-Khatib arrived in Madrid on…

Daily News Egypt

Prime Minister reviews Ras El-Hekma masterplan with Modon Holding Leadership

Prime Minister Mostafa Madbouly met on Sunday with Jassem Mohamed Bu Ataba…

Daily News Egypt

Egypt raises minimum wage for private sector EGP 7,000

Egypt's private sector minimum wage will rise to EGP 7,000 from EGP…

Daily News Egypt

Deputy PM emphasizes public-private collaboration in strengthening health system

Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of…

Daily News Egypt

Olive Tree Development advances New Capital projects, begins unit deliveries

As part of its expansion strategy in Egypt’s real estate market, Olive…

Daily News Egypt