Latest Business News
ADQ acquires 40.5% stake in TMG’s hospitality arm ICON
Abu Dhabi wealth fund ADQ has acquired a 40.5% stake in ICON,…
How new high-yield CDs affect Egypt’s stock market
Investors weigh their options amid competing investment channels
Osama Saraya wins AFASU Golden Journalism Award for his distinguished journalistic career
Hossam Darwish, President of the African-Asian Union (AFASU), which emerged from the…
ACUD introduces ‘equal instalments’ system for land offerings
New system enables developers to purchase lands with equal quarterly payments
FRA issues new rules for granting licences to non-banking financial companies
Financial institutions must own at least 25% of capital and women must…
Egypt’s women’s clothing exports reach $2.2bn in 11M 2023
Garment sector sees growth in both European, Arab markets
Egypt unveils 1.1GW wind project in historic $1.5bn deal won by Saudi-led consortium
A consortium led by Saudi Arabia's ACWA Power signed on Wednesday a…
World Bank, Egyptian government cooperate on state ownership policy, asset management
World Bank mission visits Egypt to discuss technical support, best practices for…
Egypt’s core inflation drops to 1.3% in December 2023
Central Bank of Egypt maintains key interest rates, targets lower inflation rates…
Government reduces its stakes in 61 companies for IPO programme
Egyptian government selects new companies from different sectors to sell their shares…