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

IMF reduces Egypt’s economic growth forecast to 4.8% in FY2022/23

Fund revises its projection for Middle East and Central Asia's real GDP…

Nehal Samir

Disney’s LGBTQ+ agenda sparks global outrage

State production companies must be re-established with a plan to bring back…

Kadry Al-Haggar

Creative Dock Group has acquired FoundersLane and becomes the largest independent corporate venture builder world-wide

Egyptian entrepreneur Mohamed Aboulnaga was named chairperson of FoundersLane Egypt, and Anas…

Mohamed Alaa El-Din

US dollar weakens against major currencies as investors await Fed rate hike

The Federal Reserve is expected to raise interest rates at the conclusion…

Daily News Egypt

Walid Hassouna becomes solely dedicated to valU in Egypt

Recently, the company succeeded in attracting interest from renowned global corporations such…

Daily News Egypt

Egypt ranks 87th in 2022 Sustainable Development Report

Minister of Planning and Economic Development Hala El-Said also indicated that Egypt…

Daily News Egypt

CIB records EGP 3.51bn in consolidated net income in 2Q 2022

“The CIB concluded the first half (1H) of 2022 with remarkable performance,…

Hossam Mounir

Egypt finalises first phase of Waste Information Management System: Environment Minister

WIMS is being implemented within National Solid Waste Management Programme 

Daily News Egypt

Electrolux, SolarizEgypt join forces to build solar power plants

Electrolux, SolarizEgypt join forces to build solar power plants

Daily News Egypt