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

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

China’s inbound tourism continues heating up amid improving environment

China's inbound tourism has maintained strong momentum, with a sharp rise in…

Xinhua

“China Travel” trending amid visa, tax policy boost

China's optimized visa and tax refund policies have given a boost to…

Xinhua

Saudi Group Developments unveils EGP 3bn Valea project in West Cairo

Saudi Group Developments has officially launched Valea, a new mixed-use residential project…

Daily News Egypt

Al-Sisi calls for private sector partnership to boost Egypt’s agriculture, livestock

Egyptian President Abdel Fattah Al-Sisi on Wednesday urged stronger collaboration between the…

Mohammed El-Said

China’s Xinxing invests $150m in ductile iron pipe plant in Egypt

Deputy Minister of Housing, Utilities, and Urban Communities, Sayed Ismail, toured the…

Daily News Egypt

CBE to decide interest rate path Thursday amid divided analyst views

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold…

Hossam Mounir

Edita Frozen Food Industries enters food service sector with new bakery line

Edita Frozen Food Industries has announced its expansion into the food service…

Daily News Egypt