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

FDI to developing economies drops to lowest level since 2005 as global barriers rise

Foreign direct investment (FDI) flows to developing economies have fallen to their…

Daily News Egypt

SKF reports 20% annual growth, marks 50 years in Egypt

SKF, the global leader in bearing technologies and industrial solutions, has recorded…

Daily News Egypt

CIB signs strategic partnership with Food Export Council

The Commercial International Bank – Egypt (CIB), the country’s largest private-sector bank,…

Daily News Egypt

FRA nears completion of regulatory framework for online real estate platforms

Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), announced that the…

Daily News Egypt

Al-Sisi urges expansion of local car manufacturing during inspection of state-owned auto plants

Egyptian President Abdel Fattah Al-Sisi underscored the importance of accelerating the country's…

Daily News Egypt

BII, AfDB, EBRD to provide $479.1m for Egypt solar and battery project

A consortium of development banks including British International Investment (BII), the African…

Daily News Egypt

LTRA, Rehla Rides forge public–private partnership for smart transport

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

Daily News Egypt

Egyptian government, Elsewedy discuss expanding cooperation in petroleum, mining sectors

Minister of Petroleum and Mineral Resources Karim Badawi met with Ahmed El…

Daily News Egypt

Electricity Minister discusses enhanced energy cooperation with EIB, EU delegations

Minister of Electricity and Renewable Energy Mahmoud Esmat held a high-level meeting…

Daily News Egypt

Annual urban inflation rises to 16.8% in May 2025: CBE

Annual urban headline inflation rose sharply to 16.8% in May 2025, up…

Hossam Mounir