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 forecasts economic growth of at least 5% this fiscal year, minister tells IMF

Egypt expects its economy to grow by at least 5% by the…

Daily News Egypt

Local liquidity in banking sector rises to EGP 13.68trn in October 2025

The Central Bank of Egypt (CBE) has reported an increase in total…

Hossam Mounir

Egypt, China’s XD Group discuss localising electrical equipment manufacturing

Mahmoud Essmat, Minister of Electricity and Renewable Energy, met with Zhou Qi…

Daily News Egypt

Ras El-Hekma anchors FDI surge as COMESA’s global investment share doubles

Foreign direct investment (FDI) into the Common Market for Eastern and Southern…

Daily News Egypt

SCZONE chair showcases investment opportunities to US institutions, companies

Walid Gamal El-Din, Chairperson of the General Authority for the Suez Canal…

Daily News Egypt

United Bank to roll out specialised healthcare financing packages, including green financing: Kashmiry

Nevine Kashmiry, Deputy Managing Director for Business Sectors at United Bank, announced…

Daily News Egypt

HDB deepens green, sustainable finance leadership through new partnership with Frankfurt School

The Housing and Development Bank (HDB) has signed a Memorandum of Understanding…

Daily News Egypt

Social Housing Fund doubles CIB’s mortgage finance allocation to EGP 12bn

The Social Housing and Mortgage Finance Fund has signed a cooperation protocol…

Hossam Mounir

Subsidised mortgage finance for low, middle-income borrowers reach EGP 95.5bn in November 2025

Banks and mortgage finance companies participating in the state-backed mortgage initiative for…

Hossam Mounir

EU drafts central energy plan to fix grid bottlenecks and save billions

The European Union is preparing a centralized plan to prioritize energy investments…

Daily News Egypt