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 to penalize bakeries delaying subsidized bread cost payments

The General Authority for Supply Commodities (GASC) in Egypt has announced it…

Daily News Egypt

FRA raises microfinance loan cap to EGP 266,000

The Financial Regulatory Authority (FRA), under the leadership of Mohamed Farid, has…

Hossam Mounir

22 banks offer EGP 79.2bn in mortgage financing, supporting 599,512 low-income clients as of February 2025

The Social Housing and Mortgage Finance Fund (SHMFF) revealed that 22 banks…

Hossam Mounir

Banks in Egypt to offer free account openings with no minimum balance

All banks operating in Egypt will offer free account openings starting Sunday,…

Hossam Mounir

United Bank achieves record-breaking results, net profits surge 60% to EGP 2.73bn in 2024

United Bank has announced standalone pre-tax profits of EGP 3.61 bn in…

Hossam Mounir

Trevolution Group Sees Surge in Egypt Travel, Exceeding $1.2 Billion in 2024 Bookings

Egypt’s tourism industry is experiencing a boom like never before, with demand…

Daily News Egypt

Madbouly reviews financial status of Egypt’s New Urban Communities Authority

Egyptian Prime Minister Mostafa Medbouly met with Housing Minister Sherif El-Sherbiny and…

Daily News Egypt

Egyptian Space Agency, Tanmia Petroleum partner to enhance safety in energy sector

The Egyptian Space Agency (EGSA) and Tanmia Petroleum Company have signed a…

Daily News Egypt

Communications Minister engages global tech leaders to boost investment in Egypt’s outsourcing sector

Amr Talaat, Egypt’s Minister of Communications and Information Technology, continued high-level discussions…

Daily News Egypt

Transport Ministry, MSMEDA sign MoU to create sustainable jobs

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

Daily News Egypt