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

CIB reports record EGP 28.8bn net income for Q3 2025; nine-month profits surge 47% to EGP 62.1bn

Commercial International Bank (CIB) announced Tuesday a consolidated net income of EGP…

Hossam Mounir

Egypt’s Banque Misr expands into East Africa with new Djibouti subsidiary

Banque Misr has officially inaugurated Banque Misr Djibouti, marking its first Egyptian…

Daily News Egypt

Suez Canal Bank partners with IFC to boost SME financing, advance financial inclusion in Egypt

The International Finance Corporation (IFC) announced on Tuesday a $50m financing package…

Daily News Egypt

Egypt launches EGP 200bn sovereign sukuk programme for local market

Egypt's Finance Ministry has launched a new EGP 200bn ($4.2bn) sovereign sukuk…

Daily News Egypt

Palmier Developments launches VERT project in New Sheikh Zayed City

Palmier Developments has announced the launch of its latest mixed-use project, VERT,…

Daily News Egypt

Egypt’s development path is human-centred, PM tells Doha social development summit

Egyptian Prime Minister Mostafa Madbouly on Wednesday said that Egypt's development path…

Daily News Egypt

Iraqi PM discusses Al-Rafal economic city project with TMG’s Hisham Talaat Moustafa

Iraqi Prime Minister Mohammed Shia Al-Sudani has met with Hisham Talaat Moustafa,…

Daily News Egypt

NVL Egypt starts production of ten PV43-M naval vessels

NVL Egypt, a subsidiary of German shipbuilding group NVL, has begun the…

Daily News Egypt

Pend launches Pend.Finance to empower institutions, individuals with future-ready tech solutions

Pend announced the launch of Pend.Finance, the Middle East’s first integrated smart…

Daily News Egypt

Egypt, Ireland explore partnership opportunities in food security, agritech

Egypt’s Minister of Agriculture and Land Reclamation Alaa Farouk met with Noel…

Daily News Egypt