Latest Business News
Non-bank financing for MSMEs jumps to EGP 91.4bn in August 2025: FRA
The Financial Regulatory Authority (FRA) has announced that the total volume of…
Suez Canal Bank leads EGP 4.5bn syndicated loan for Madkour infrastructure project
A banking alliance led by Suez Canal Bank has signed a joint…
HSBC to review retail banking business in Egypt
HSBC Egypt announced that its parent company, HSBC Holdings plc (HSBC Group),…
Egypt, Saudi Arabia discuss strengthening pharmaceutical cooperation
Chairperson of the Egyptian Drug Authority (EDA) Ali Ghamrawy has held a…
President Al-Sisi closely follows up on Egypt–Saudi Arabia power interconnection project: Esmat
Minister of Electricity and Renewable Energy Mahmoud Esmat said that the Egypt–Saudi…
Al-Sisi reviews final preparations for Grand Egyptian Museum opening
President Abdel Fattah Al-Sisi reviewed on Saturday the ongoing preparations for the…
Iran and Russia conduct 80% of trade in local currencies, says official
More than 80 per cent of trade between Iran and Russia is…
Suez Canal signs $2bn first-phase deal to build petrochemical complex in Ain Sokhna
Osama Rabie, Chairperson of the Suez Canal Authority (SCA), witnessed on Wednesday…
Egypt calls for stronger role of multilateral development banks in cutting financing costs: Finance Minister
Egypt’s Minister of Finance, Ahmed Kouchouk, has said that Egypt looks forward…
Egypt targets 5% growth as reforms, Gaza deal boost prospects, says Al-Mashat
Egypt's economy is on track to achieve growth of nearly 5% in…