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 urges regional water cooperation at 5th Baghdad International Water Conference

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, called for enhanced…

Daily News Egypt

Egypt’s PM inaugurates new ambulance authority HQ on 123rd anniversary

Egyptian Prime Minister Mostafa Madbouly inaugurated the Egyptian Ambulance Authority's new headquarters…

Daily News Egypt

Egypt–African Union trade rises to $9.8bn in 2024

Trade between Egypt and African Union (AU) countries reached $9.8bn in 2024,…

Daily News Egypt

Back-to-back interest rate cuts spur investment, exports: Egyptian business leaders

The Central Bank of Egypt’s (CBE) second consecutive interest rate cut is…

Daily News Egypt

Al-Wazir inaugurates Golden Avenue garment factory, accelerates industrial development in Minya

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport,…

Daily News Egypt

Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project

A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…

Hossam Mounir

IDB participates in two Sukuk issuances worth EGP 500m

The Industrial Development Bank (IDB) has taken part in two significant Sukuk…

Daily News Egypt

United Bank reports over EGP 1bn in profits for Q1 2025

United Bank has reported standalone pre-tax profits of EGP 1.013bn for the…

Hossam Mounir

CIB partners with Lantern Ventures to boost SME growth

The Commercial International Bank (CIB) has entered into a strategic partnership with…

Hossam Mounir

CBE cuts rates by 1% as inflation pressures ease, growth rebounds

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…

Hossam Mounir