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

BII, AfDB, EBRD to provide $479.1m for Egypt solar and battery project

A consortium of development banks including British International Investment (BII), the African…

Daily News Egypt

LTRA, Rehla Rides forge public–private partnership for smart transport

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

Daily News Egypt

Egyptian government, Elsewedy discuss expanding cooperation in petroleum, mining sectors

Minister of Petroleum and Mineral Resources Karim Badawi met with Ahmed El…

Daily News Egypt

Electricity Minister discusses enhanced energy cooperation with EIB, EU delegations

Minister of Electricity and Renewable Energy Mahmoud Esmat held a high-level meeting…

Daily News Egypt

Annual urban inflation rises to 16.8% in May 2025: CBE

Annual urban headline inflation rose sharply to 16.8% in May 2025, up…

Hossam Mounir

Egyptian government reviews ICON’s development plan for 7 state-owned hotels

Egypt’s Prime Minister Moustafa Madbouly has reviewed development plans by the Arab…

Daily News Egypt

Banks in Egypt report EGP 152.8bn in net profits for Q1 2025: CBE

Banks operating in the Egyptian market recorded net profits of approximately EGP…

Hossam Mounir

IFC, AMEA Power launch Egypt’s first utility-scale battery storage system

The International Finance Corporation (IFC) announced on Sunday a landmark investment to…

Daily News Egypt

Egypt to launch first airport management, operation tenders before year-end: Madbouly

Prime Minister Mostafa Madbouly announced on Sunday that Egypt will offer its…

Daily News Egypt

Egypt secures $15.6bn in concessional financing for private sector since 2020: El-Mashat

Minister of Planning, Economic Development, and International Cooperation Rania El-Mashat announced during…

Daily News Egypt