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

CIB reports 3Q 2023 consolidated net income of EGP 8.35bn

CIB’s 3Q 2023 standalone net interest income records EGP 37.6bn, increasing by…

Hossam Mounir

Step-by-step guide on building climate-resilient water systems in Egypt by BII

British International Investment (BII), the UK Development Finance Institution (DFI) and impact…

Fatma Salah

Egypt’s international reserves increase by $131m in October: CBE

The Central Bank of Egypt (CBE) reported on Sunday that its international…

Hossam Mounir

Egypt to offer management and operation of airports to private sector

Egypt's Prime Minister Mostafa Madbouly announced that the government plans to offer…

Faris Robey

We will use all monetary policy tools to achieve inflation targets: CBE

CBE sets its inflation targets at 7% (±2%) on average in Q4…

Hossam Mounir

CBE reports key bank performance indicators as of July 2023

Financial position of banks breaks barrier of EGP 14trn 

Hossam Mounir

World Governments Summit Organization launches report on achieving net zero

In conjunction with the UAE's preparations to host COP28, the World Governments…

Daily News Egypt

China supports Egypt in maintaining its sovereignty, security, and development interests: Acting Ambassador 

Zhang Tao, the charge d’affaires of the Chinese Embassy in Cairo, said…

Shaimaa Al-Aees

ACUD, Schneider Electric discuss cooperation, investment in NAC

A delegation of Schneider Electric company, led by Oliver Blum, Executive Vice…

Daily News Egypt

iSON Xperiences plans to grow its network, hire more than 2,500 employees

Amani Rabie, Chief Growth Officer of iSON Xperiences, said that Egypt is…

Mohamed Alaa El-Din