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

Elon Musk demonstrates Neuralink brain-computer tech with live pigs

Neuralink was founded in 2016 and funded primarily by Elon Musk to…

Xinhua

EFG Hermes, GB Auto complete majority acquisition of Tokio Marine Egypt Takaful

Acquisition completes two companies’ full suite of NBFI services, including leasing, microfinance,…

Daily News Egypt

Emigration Minister lauds Egyptian government’s repatriation of nationals amid COVID-19

Makram reviewed the efforts made by the Egyptian government during the crisis…

Daily News Egypt

IMEX International expresses intent to acquire Nile Cotton Ginning for EGP 50/share

The purchase offer stipulates that the acquisition percentage should not be less…

Alyaa Stohy

MNHD, CIB sign 7-year syndicated long term agreement

The agreement, worth a total of EGP 1bn, will see CIB act…

Alyaa Stohy

Spinneys Egypt to open at Mostakbal City’s the City of Odyssia

Spinneys serves as significant addition to the City of Odyssia, especially given…

Daily News Egypt

EU, AFD inspect Giza slum development project

The project is part of the urban development and infrastructure programme implemented…

Daily News Egypt

Egypt to exempt 600 MERCOSUR-bound export items from customs in September

MERCOSUR agreement supports state’s current trend of increasing exports, opening of new…

Daily News Egypt

EGX faces corrective dip before resuming rise

The EGX now faces a potential corrective dip before resuming its rise…

Daily News Egypt

Egypt launches trial run of digital government services platform

New platform offers 70 services covering vehicle and driving licensing, public notary,…

Mohamed Alaa El-Din