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

ECARU, Qalaa Holdings, and Axens to carry out technical, economic studies for second-generation biofuel project

Within the framework of their strategy to provide practical solutions for cleaner…

Daily News Egypt

Japan’s Torishima, Egypt’s ElSewedy Industrial Development sign $5m deal to establish water pump maintenance centre in SCZONE

The subsidiary of the Egyptian Elsewedy Electric, Elsewedy Industrial Development (SD), has…

Daily News Egypt

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