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

Sorouh starts new phase of Entrada project in New Capital

Sorouh Developments has announced the launch of Cascadia, a new phase of…

Daily News Egypt

UAE’s Global Investments Holding Ltd acquires 30% stake in Egypt’s Eastern Company for $625m

Global Investments Holding Ltd., a company based in the United Arab Emirates,…

Daily News Egypt

saib launches project to make banking more accessible for people with disabilities

Step comes within framework of state’s directives, CBE initiative to empower people…

Daily News Egypt

Attijariwafa bank Egypt posts record net profit of EGP 913.1m in 1H 2023

Attijariwafa bank Egypt has announced a record net profit of EGP 913.1m…

Daily News Egypt

CBE reports 12.7% rise in domestic liquidity in seven months

Non-governmental deposits in local currency reach EGP 5.791trn

Daily News Egypt

CBE assets soar by 50% in one year to EGP 4.480trn

Bank’s contributions to capital of international financial organisations increased to EGP 19.378bn, 

Hossam Mounir

Austrian Kronospan plans to set up wood panel factory in Egypt with $50m investment

The Industrial Development Authority (IDA) is in talks with the Austrian Kronospan,…

Daily News Egypt

EGX breaks historical records, eyes more gains in coming weeks

EGX30 targets historic peaks amounting to 19,700 points next month: Abdel Fattah

Daily News Egypt

CBE forms work committees to study launching digital currency

The Central Bank of Egypt (CBE) has announced that it has formed…

Hossam Mounir

Cybercrime experts forecast more challenging times ahead for enterprises in Africa

Cybercrime experts are forecasting more challenging times ahead as threat actors exploit…

Daily News Egypt