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

Xiaomi, El Safy Group to launch TV, mobile screen factory in 2024

Factory will produce one million mobile phones, 300k TV screens annually, says…

Mohamed Alaa El-Din

ABE’s loan portfolio grows by 19% to EGP 77.8bn in November 2023

Bank follows President Al-Sisi’s directives to boost agricultural sector, says Farouk

Hossam Mounir

Cash for Microfinance, CFYE launch EGP 60m project to support underprivileged entrepreneurs

Project aims to provide financing, training to entrepreneurs, especially women, youth, says…

Daily News Egypt

Manufacturing, extractive index drops by 3.98% in October 2023: CAPMAS

Index reflects changes in production, prices of various industrial sectors, says CAPMAS

Daily News Egypt

Elsewedy, MAFI join forces to build $300m agricultural food complex in Sadat City

Complex will export 80% of its products, create over 7,000 jobs, says…

Daily News Egypt

NBE’s customer deposits exceed EGP 3.6trn in November 2023

Corporate loans reach EGP 2trn, SME financing records EGP 157.6bn

Hossam Mounir

GAFI, Expolink agree to cooperate on investment for export

MoU reflects association’s belief in importance of investment to increase Egyptian exports,…

Daily News Egypt

Abu Dhabi Ports inks 30-year deal to develop, operate Egypt’s Safaga port terminal

Abu Dhabi Ports Group (AD Ports) has secured a 30-year concession agreement…

Daily News Egypt

AUR Capital completes EGP 1.79bn bond issuance for leasing subsidiary

AUR Financial Consulting, a subsidiary of AUR Capital for Financial Consultancy, has…

Hossam Mounir

FRA reports EGP 192.2bn in total financing for Q3 2023

The Financial Regulatory Authority (FRA) has released its latest reports covering the…

Daily News Egypt