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’s external debt edges lower to $164.521 in Q1 FY 2023/24

Egypt's external debt burden eased in the first quarter of fiscal year…

Hossam Mounir

Banque du Caire, TAKYIEM partner to market Urban Development Fund projects

Agreement leverages bank’s expertise in marketing, promoting, and financing real estate assets

Daily News Egypt

CIB leads 20 securitization bond issuances worth EGP 57.5bn in 2023

It secures more than 63% of Egyptian market share in securitization bond…

Daily News Egypt

Egypt targets 5% inflation by 2026, government document says

Price stability and lower inflation rates among government’s priorities

Hossam Mounir

Middle Eastern CEOs embrace disruption, prioritize digital in face of change

Across the dynamic expanse of the Middle East, businesses are charting a…

Daily News Egypt

Wadi Al-Silicon to double its workforce at smartphone accessories factory

Abdelmoneim Al-Khawaga, the Chairperson of Wadi Al-Silicon, said that Prime Minister Mostafa…

Mohamed Alaa El-Din

Pharmacies sector suffers from drug pricing crisis, capital loss over 50%

The pricing crisis in medication is the biggest challenge facing the pharmacy…

Daily News Egypt

Nasser Social Bank launches new certificate with 20% annual return

Bank also offers investment account with cumulative daily return of 15% annually,…

Hossam Mounir

Egyptian pound to end CY 2024 at EGP 39.37 per USD: FocusEconomics

Economic growth likely eased further in H1 FY 2024 (July—December 2023) from…

Shaimaa Al-Aees