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

Egyptian Drug Authority, South Korea explore upgrading pharmaceutical cooperation

Korean Ambassador expresses interest of national pharmaceutical companies to enter Egyptian market

Daily News Egypt

Egypt’s engineering industry exports rise 44% to $1.9bn in 8M 2021

Egypt’s engineering industry exports increased by 44% to $1.957bn in the first…

Daily News Egypt

Eastern Company extends joint manufacturing agreement with Japan Tobacco for 3 years

New agreement has different conditions from previous one, says CEO of Eastern…

Daily News Egypt

Juhayna records 30% y-o-y increase in net profit to EGP 428m in 2020

Company’s net profit in Q4 2020 reaches EGP 45m, growing by 19%

Alyaa Stohy

1 in 6 online relationship seekers has been exposed to scams: Kaspersky

Kaspersky for cybersecurity has conducted an exploratory study to identify the main…

Daily News Egypt

Total financial position of banks in Egypt increases to EGP 7.948trn in June 2021: CBE

Net profits register EGP 51.006bn, investments in securities and treasury bills record…

Hossam Mounir

‘Downtown Cairo reminds me of artistic districts in Spain’: Spanish Ambassador

Spanish Ambassador to Egypt, Ramón Gil-Casares, delivered a speech at an event…

Nehal Samir

CIB Egypt achieves exponential growth in online banking services

CIB records 116% increase in mobile banking transactions, 34% increase in online…

Hossam Mounir

Housing and Development Bank launches new service targeting wealthy clients

Bank’s profit before tax increases 10.8% y-o-y, recording EGP 1.45bn in FY…

Hossam Mounir

Egyptian government, World Bank Group address climate change policies

International financial institutions see Egypt as leading country of green recovery agenda…

Nehal Samir