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

Parliamentary proposal to promote Egypt’s real estate exports in hard currency

Hazem El-Gindy, a member of the Senate, has submitted a proposal addressed…

Daily News Egypt

AAIB delivers strong financial results End of Year 2023

Tamer Waheed, Vice Chairman and Managing Director, commented, AAIB delivered a strong…

Daily News Egypt

NBE executes six financing agreements totaling EGP 18.8bn in Q1 2024

NBE leads in Egyptian market for syndicated loan arrangements, according to Bloomberg

Hossam Mounir

Five banks account for 74.2% of mortgage finance for low-income sector in Q1 2024

22 banks offer EGP 66.448bn in mortgage finance to over 500,000 customers

Hossam Mounir

3 Egyptian exchange companies surpass EGP 15bn in foreign currency collections post-liberalisation

Since the liberalisation of the exchange rate, three exchange companies have collectively…

Daily News Egypt

EU, G7 leaders urge de-escalation amid heightened Middle East tensions

European Commission President Ursula von der Leyen and Finnish Prime Minister Petteri…

Daily News Egypt

Afreximbank invests in Barbados’ historic cricket ground ahead of World Cup

The African Export-Import Bank (Afreximbank) announced a $25m term loan facility for…

Daily News Egypt

Tesla recalls nearly 4,000 Cybertrucks due to accelerator pedal problem

"A trapped accelerator pedal can cause the vehicle to accelerate unintentionally, increasing…

Xinhua

Egypt’s Al-Mashat outlines economic reforms amidst global challenges at World Bank Spring Meetings

Rania Al-Mashat, Egypt's Minister of International Cooperation and Governor at the World…

Daily News Egypt

Finance Minister discusses economic progress, continued reforms with IMF Egypt Mission Chief

Egyptian Minister of Finance Mohamed Maait met with Ivanna Vladkova Hollar, the…

Daily News Egypt