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

CBE reveals financial soundness indicators for banks in Egypt in 1Q 2023

Loan-to-deposit ratio increases to 48.9%, private sector accounts for 55.3% of total…

Hossam Mounir

Al-Ahly Pharos aims to complete six merger, acquisition deals worth EGP 30bn this year: CEO

Ahmed Haidar, CEO of Al-Ahly Pharos, said that the company is interested…

Fatma Salah

Egypt moves up 6 spots in Sustainable Development Report 2023

Hala El-Said, Minister of Planning and Economic Development, said that the report…

Daily News Egypt

Sustainable Debt Coalition is strong impetus for green investments in developing countries: Maait 

Maait indicated that this Initiative aims to share and discuss ways to…

Daily News Egypt

Egypt-India trade increases 13.7% to $6bn in 2022

Egyptian imports from India amounted to $4.1bn in 2022, compared to $3.2bn…

Daily News Egypt

SCZONE, Indian Tata Group discuss cooperation in automotive, petrochemical sectors

SCZONE Chairperson Waleid Gamal El-Dein met with representatives of Indian multinational Tata…

Daily News Egypt

Mergers can be lifeboat for Egypt’s telecom sector from economic pressures: Experts

Experts in the telecom sector believe that the Egyptian market could be…

Mohamed Alaa El-Din

Egypt, India deepen ties in trade, investment, renewable energy

Prime Ministers Narendra Modi and Mostafa Madbouly of India and Egypt held…

Mohamed Samir

India’s Modi in Cairo to strengthen ties, discuss trade

India's Prime Minister Modi is also expected to meet with Egyptian President…

Mohamed Samir

Intelcia debuts in Egypt, capitalising on strong Egyptian talent pool

Intelcia’s strategic investment in Egypt comes after 22 years of its establishment…

Mohamed Alaa El-Din