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

Market awaits repercussions of 2% rate cut on savings, loans, and debt instruments

The banking sector and wider financial markets are bracing for the impact…

Hossam Mounir

CBE projects inflation to ease to 14–15% in 2025

The Central Bank of Egypt (CBE) expects headline inflation to decline to…

Hossam Mounir

After recent 2% rate cut, CBE signals shift in monetary policy

This year marks a significant shift in the Central Bank of Egypt’s…

Hossam Mounir

CBE net profit surges to EGP 77.5bn in June 2025

The Central Bank of Egypt (CBE) reported a sharp rise in profitability,…

Hossam Mounir

Lebanese Prime Minister visits Egypt’s Grand Egyptian Museum

Lebanon’s Prime Minister Nawaf Salam on Saturday visited Egypt’s Grand Egyptian Museum…

Daily News Egypt

Train derailment in Matrouh kills three, injures 94

Egypt’s Health Ministry announced on Saturday that three people were killed and…

Daily News Egypt

We strive to ease burdens on citizens, investors: Finance Minister

Minister of Finance Ahmed Kouchouk affirmed that the government is working to…

Daily News Egypt

Chinese president reaffirms support for expanded investment in Egypt

Egyptian Prime Minister Mostafa Madbouly met Chinese President Xi Jinping on Saturday…

Daily News Egypt

Egypt unveils new Western Desert oil discovery adding 3,100 BOE per day

Egypt’s Ministry of Petroleum and Mineral Resources has announced a new oil…

Daily News Egypt

Egypt finalises preparations to produce new passenger car models amid growing Japanese cooperation

Egypt’s Minister of Public Enterprises Sector, Mohamed El-Shimy, affirmed that the ministry’s…

Daily News Egypt