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

$30m financing boost for Egyptian SMEs: ICD, Banque Misr sign letter of intent

The Islamic Corporation for the Development of the Private Sector (ICD), a…

Daily News Egypt

Egypt, ITFC sign annual work programme worth $1.5bn

Egypt and the International Islamic Trade Finance Corporation (ITFC) have signed an…

Daily News Egypt

Parliament to discuss amendments to Unified Public Finance Law next week: Maait

Minister of Finance Mohamed Maait has announced that the Cabinet has approved…

Daily News Egypt

Suez Canal revenues down by half: Al-Sisi

Egypt’s President Abdel Fattah Al-Sisi said on Monday that the Suez Canal,…

Daily News Egypt

Giza’s Smallest Pyramid Retains Its Rugged Beauty as Cladding Restoration Plan is Axed

Egypt has shelved a contentious proposal to reskin the Pyramid of Menkaure,…

Daily News Egypt

Real estate funds and REITs: A key to success for Egypt’s property developers

Egypt’s property developers are looking for new ways to finance their projects…

Daily News Egypt

Saudi Egyptian Developers launches 2nd phase of Arabesque project in Cairo

Saudi Egyptian Developers has launched the second phase of the Arabesque project…

Daily News Egypt

Saudi Safari allocates EGP 1bn to establish family entertainment centers in Cairo

The Saudi Safari Group plans to invest EGP 1bn in family entertainment…

Shaimaa Raafat

Emaar Alex, SIA Business Development sign EGP 4bn agreement for La Baia Sidi Abdel Rahman project

Emaar Alex Developments and SIA Business Development have signed an agreement to…

Daily News Egypt

Egypt’s T-bills, bonds record EGP 4.966trn by end-January: Finance Ministry 

Alongside foreign bonds worth $33.96bn and €4bn, and the equivalent to $500m…

Hossam Mounir