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

MARAKEZ secures EGP 3bn credit facility from Banque Misr

Banque Misr has signed a medium-term loan agreement with MARAKEZ, one of…

Daily News Egypt

CIB backs Elsewedy Electric’s first European expansion with €58m financing for Hungary power project

The Commercial International Bank Egypt (CIB) has signed a financing and partnership…

Daily News Egypt

Banks inject EGP 99.5bn into low, middle-income mortgage initiatives by January 2026

Banks and mortgage finance companies participating in Egypt’s low- and middle-income mortgage…

Hossam Mounir

Egypt launches startup charter targeting $1bn in investment over five years

Egypt launched its first national "Startup Charter" on Saturday, seeking to mobilise…

Daily News Egypt

GAFI participates in Egypt-Türkiye Business Forum to boost economic partnership

Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones…

Daily News Egypt

Egypt-Türkiye trade exchange reaches $6.8bn in 2025: CAPMAS

Trade exchange between Egypt and Türkiye rose to $6.8bn in 2025, up…

Daily News Egypt

Al-Sisi, Erdogan elevate ties with new agreements, target $15bn in trade exchange

Egyptian President Abdel Fattah Al-Sisi received his Turkish counterpart Recep Tayyip Erdogan…

Mohammed El-Said

CBE governor, IMF chief discuss economic reform programme at Arab Public Finance Forum

Hassan Abdalla, Governor of the Central Bank of Egypt, met with Kristalina…

Daily News Egypt

Egypt discusses water infrastructure projects, Kitchener Drain development with EBRD

Egypt’s Minister of Water Resources and Irrigation Hani Sewilam met officials from…

Daily News Egypt

IFC to invest $1.2bn in Egypt during FY2026

The International Finance Corporation (IFC) plans to invest around $1.2bn in Egypt…

Daily News Egypt