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

CIB completes second securitization transaction for One Finance, worth EGP 679m

Commercial International Bank – Egypt (CIB) has completed the second issuance of…

Daily News Egypt

CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)

The Central Bank of Egypt (CBE) has decided to extend its inflation…

Hossam Mounir

Zambia, Saudi Arabia sign debt restructuring deal

Zambia and Saudi Arabia have formalised a debt restructuring agreement to reschedule…

Daily News Egypt

TMT invests EGP 100m in new customs bonded area at Hossni El-Antably station

Transmisr Transportation and Trading (TMT) has announced the inauguration of its new…

Daily News Egypt

Egypt needs 450k housing units annually to meet population growth: Minister

Egypt requires approximately 450,000 new housing units each year to accommodate the…

Daily News Egypt

Beltone approves EGP 10.75bn capital increase to drive expansion, growth strategy

Beltone Holding has announced that its Board of Directors has approved a…

Daily News Egypt

Egyptian, Uzbek officials discuss increased cooperation at business forum

Egyptian and Uzbek officials met on Wednesday at the Egyptian-Uzbek Business Forum…

Daily News Egypt

CBE expected to keep interest rates unchanged for sixth consecutive meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

CIB leads syndicated loan of EGP 9bn for Madinet Masr in partnership with 6 banks

The Commercial International Bank—Egypt (CIB), acting as the lead arranger and financier,…

Hossam Mounir

CBE hosts seminar on supervisory frameworks, risk management with 110 participants from African central banks

In line with Egypt’s ongoing commitment to supporting African nations, particularly in…

Daily News Egypt