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 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…

Daily News Egypt

Eid in Egypt: A Journey through Time and Tradition

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

Daily News Egypt

MSMEDA, Kredit ink EGP 100m financing deal for SMEs

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

Hossam Mounir

MID Bank increases interest rates on triple certificates

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

Daily News Egypt

Al Baraka Bank elevates interest rates, introduces triple certificate with 22% annual yield

Al Baraka Bank has announced an increase in interest rates across various…

Daily News Egypt

CBE launches ‘Women for Women in FinTech’ initiative

Six-month initiative to empower female entrepreneurs through embedded finance programmes

Shaimaa Raafat

Sinai Manganese resumes production with revitalised furnaces

Sinai Manganese Company (SMC), a pioneering and leading manganese ore producer in…

Daily News Egypt

37.2% decrease in Egypt’s trade deficit during January 2024

Egypt’s trade deficit saw a significant reduction of 37.2% in January 2024,…

Daily News Egypt

Mixed performance sets tone for Egyptian Exchange this week

Anticipated corrective movement hinges on selling pressure: Abu Ghaneima

Daily News Egypt