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

Presidential initiative to replace obsolete vehicles costs EGP 675m: Finance Minister 

Obsolete vehicles manufactured over 20 years ago to be replaced with new…

Daily News Egypt

Telecom Egypt provides St Helena with its first subsea solution

Telecom Egypt has announced the activation of its agreement with St Helena…

Mohamed Alaa El-Din

Egypt, Belarus discuss co-manufacturing products in Egyptian market

Egypt’s Minister of Trade and Industry Ahmed Samir Monday met Belarusian Deputy…

Daily News Egypt

CIB reports consolidated net income of EGP 7.99bn in 2Q 2023

Commercial International Bank (CIB) Monday reported second-quarter 2023 consolidated net income of…

Hossam Mounir

Egypt’s fish production hits 2 million tons, self-sufficiency at 85%

Egypt's fish production reached about 2 million tons in 2023, with a…

Daily News Egypt

New government initiative to support tourism is under consideration: CBE

The Central Bank of Egypt (CBE) said that a new initiative to…

Hossam Mounir

Elon Musk rebrands Twitter to X, replaces iconic bird logo

Twitter owner Elon Musk has officially rebranded the company to X, replacing…

Daily News Egypt

LMD works toward rapid construction in its ground-breaking Zoya Ghazala Bay in North Coast

LMD, the leading real estate company, has proved its full commitment to…

Daily News Egypt

valU, Gezira Sporting Club partner to offer financing solutions to club members 

valU, MENA's leading financial technology company, announced Monday that it has signed…

Daily News Egypt

Egypt, Zimbabwe sign MoU for development of Mount Hampden city

The development in Mount Hampden, northeast of Zimbabwe’s capital Harare, is slated…

Daily News Egypt