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

IMF mission makes “excellent progress” on Egypt’s reform program review, MEFP to be finalized in upcoming days

An International Monetary Fund (IMF) team led by Ivanna Vladkova Hollar made…

Mohamed Samir

Egypt’s central bank raises interest rates by 2% to tame inflation 

Egypt's central bank hiked key interest rates by 2% on Thursday, aiming…

Daily News Egypt

Cred unveils Ever New Cairo its EGP 30bn new project

Egypt’s real estate developer Cred has announced the launching of its latest…

Shaimaa Raafat

Cleopatra Hospitals plans to invest EGP 2bn over next 18 months

The Cleopatra Hospitals group intends to invest EGP 2bn over the next…

Fatma Salah

Minister of Social Solidarity honors 10 women with ‘New Woman’ awards

Nevine El-Kabbaj, Minister of Social Solidarity, awarded 10 inspiring women with EGP…

Daily News Egypt

Egypt’s manufacturing and extractive index inched down 0.55% in November 2023 

Egypt's manufacturing and extractive industries saw a slight decline in November 2023,…

Daily News Egypt

EBRD grants $5m loan to Egypt’s Tanmeyah Microenterprise Services

The European Bank for Reconstruction and Development (EBRD) has approved a senior…

Daily News Egypt

Minister of Finance meets with JICA vice president to discuss cooperation programme

Mohamed Maait, Minister of Finance and Chairperson of the General Authority for…

Daily News Egypt

Egypt, Italy carry out three components of debt swap programme worth $350m

The Ministry of International Cooperation said that the cooperation portfolio between Egypt…

Daily News Egypt

CBE to discuss EGP interest rate fate for first time in 2024

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir