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

Venture capital investments in Africa decrease to $3.6bn: AVCA

Egypt ranks fourth among African countries in venture capital investments

Fatma Salah

3 exchange companies accumulate over EGP 11bn since liberalisation

Following the liberalisation of the local exchange rate, three major exchange companies…

Hossam Mounir

Egypt’s garment sector achieves 25% growth in 2M 2024

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

Daily News Egypt

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

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

Daily News Egypt

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

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

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