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

Egypt aims to expand in financing technological, innovative projects: Gamea

Venture capital programme worth $50m launched to finance new, existing investment funds

Hossam Mounir

Contact Financial plans to invest $9m in Wasla e-commerce super-app

With the tie-up, Contact will support Wasla’s product rollout and regional expansion…

Fatma Salah

Intensive efforts for setting chamber to license realtors

The chamber will be part of the Federation of Egyptian Chambers of…

Daily News Egypt

CIAM aims to launch 3 funds with target volume of EGP 1bn in 2022

Amr Aboul-Enein, the company’s Managing Director, said that CIAM has taken steps…

Fatma Salah

Egypt, France sign development finance agreements worth €1.7bn in 2021

Total French investments in Egypt amount to $5.5bn in various fields: Al-Mashat

Daily News Egypt

CBE reveals reasons for high inflation in January 2022

Annual urban inflation increases to 7.3% in January 2022 from 5.9% in…

Hossam Mounir

Communications Minister launches Egypt’s digital strategy for outsourcing industry

The launch included the participation of more than 120 international and local…

Mohamed Alaa El-Din

Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project

Company seeks to issue sukuk during current quarter: Sources

Fatma Salah

Egypt is important regional energy hub for Africa, Mediterranean, and Middle East: US Ambassador

Country has proven track record of leadership in energy production, distribution, and green technologies

Nehal Samir