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

EFG Hermes completes second securitization issuance for CIRA Education worth EGP 700m

EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM),…

Fatma Salah

CI Capital concludes securitised bond issuance of EGP 3bn for Tasaheel Finance

Matouk Bassiouny & Hennawy acted as legal advisor

Fatma Salah

Actis plans to borrow $250m for Gabal El-Zeit wind farm expansion

Actis, a global direct investment company, is in talks with the government…

Fatma Salah

Egypt and Siemens discuss collaboration on renewable energy, green hydrogen

Egypt's Minister of Electricity and Renewable Energy, Mohamed Shaker, met with Andreas…

Daily News Egypt

How to finance climate and development action without worsening developing countries’ debt crisis: Mohieldin

Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special…

Daily News Egypt

MSMEDA invests EGP 642m in small and micro-projects in Sinai

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has implemented the…

Hossam Mounir

Egypt grants customs, procedural facilities for Nebu Expo

The Egyptian government has granted new facilities for international exhibitors who will…

Daily News Egypt

Egypt’s external debt decreases to $164.7bn in 4Q 2022/23: CBE

The Central Bank of Egypt (CBE) reported a $634m decline in Egypt’s…

Shaimaa Raafat

CBE to decide on interest rate of Egyptian pound Thursday amid mixed expectations

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Daily News Egypt

Government to receive final bids for Wataniya fuel stations next week

Wataniya Petroleum to sell over half of its fuel stations to strategic…

Fatma Salah