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 garment sector achieves 25% growth in 2M 2024

Marie-Louis Bishara, President of the Readymade Garment Export Council, has declared a…

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5.44% decrease in manufacturing, extractive industries index in January 2024

The manufacturing and extractive industries index, excluding crude oil and petroleum products,…

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Egypt strives to lower public debt ratio to 80% by mid-2027: Finance Minister

We aim to achieve primary surplus of 3.5% of GDP: Maait

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Bayt El-Khebra Group restructures investments in three listed companies for EGP 132.1m

On Sunday, the EGX displayed three large-volume transactions for these companies, totalling…

Fatma Salah Fatma Salah

Government to borrow EGP 1.491trn from local market in Q4 FY 2024

The Egyptian government plans to secure a substantial loan of EGP 1.491trn…

Hossam Mounir Hossam Mounir

Egypt raises private sector’s minimum wage to 6000 EGP effective May 2024

Egypt's National Wages Council (NWC) has announced a significant hike in the…

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Eid in Egypt: A Journey through Time and Tradition

As Eid Al-Fitr’s festive spirit envelops Egypt, countless Egyptians look forward to…

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MSMEDA, Kredit ink EGP 100m financing deal for SMEs

Loans will range from minimum of EGP 500,000 to maximum of EGP…

Hossam Mounir Hossam Mounir

MID Bank increases interest rates on triple certificates

Bank keen on providing various savings vessels to attract new customers: Shahin

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