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

Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August

Banks and mortgage companies participating in the Affordable Housing Initiative have provided…

Hossam Mounir

HDB’s Q1 2026 net profit surpasses EGP 5bn amid strong growth across key indicators

Housing and Development Bank (HDB) delivered robust financial and operational performance during…

Daily News Egypt

Egyptian PM announces community-backed Pyramids revamp alongside Giza educational expansion

Egypt plans to increase hotel capacity in the Nazlet El-Semman area adjacent…

Daily News Egypt

Planning minister discusses activating infrastructure financing guarantee mechanism with IFC

Ahmed Rostom, Minister of Planning and Economic Development, met with Ethiopis Tafara,…

Daily News Egypt

Saudi Arabia’s Sela and Egypt’s Talaat Moustafa Group form entertainment consortium

Saudi Arabia’s Sela, a Public Investment Fund company, and Egypt's Talaat Moustafa…

Daily News Egypt

Toyota Egypt Group enters electric vehicle market with launch of bZ4X and Lexus RZ

Toyota Egypt Group has officially entered the electric vehicle (EV) market in…

Daily News Egypt

One of One records EGP 1.5bn sales, opens new HQ to drive expansion

One of One Developments has announced the opening of its new headquarters,…

Daily News Egypt

LIXIL Core Earnings Up 23% in FYE2026, Profitability Improved in Both Japan and International Businesses

LIXIL Corporation reported a 22.9% increase in core earnings to ¥38.5 billion…

Daily News Egypt

Egypt health minister calls for stronger local drug manufacturing

Egyptian Health Minister Khaled Abdel Ghaffar said local pharmaceutical manufacturing is essential…

Daily News Egypt