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

Al-Wazir inaugurates Golden Avenue garment factory, accelerates industrial development in Minya

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

Daily News Egypt

Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project

A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…

Hossam Mounir

IDB participates in two Sukuk issuances worth EGP 500m

The Industrial Development Bank (IDB) has taken part in two significant Sukuk…

Daily News Egypt

United Bank reports over EGP 1bn in profits for Q1 2025

United Bank has reported standalone pre-tax profits of EGP 1.013bn for the…

Hossam Mounir

CIB partners with Lantern Ventures to boost SME growth

The Commercial International Bank (CIB) has entered into a strategic partnership with…

Hossam Mounir

CBE cuts rates by 1% as inflation pressures ease, growth rebounds

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…

Hossam Mounir

China’s inbound tourism continues heating up amid improving environment

China's inbound tourism has maintained strong momentum, with a sharp rise in…

Xinhua

“China Travel” trending amid visa, tax policy boost

China's optimized visa and tax refund policies have given a boost to…

Xinhua

Saudi Group Developments unveils EGP 3bn Valea project in West Cairo

Saudi Group Developments has officially launched Valea, a new mixed-use residential project…

Daily News Egypt

Al-Sisi calls for private sector partnership to boost Egypt’s agriculture, livestock

Egyptian President Abdel Fattah Al-Sisi on Wednesday urged stronger collaboration between the…

Mohammed El-Said