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

30 projects worth $240m in Egypt’s ongoing development cooperation portfolio: Al-Mashat

Al-Mashat highlighted that Egypt has taken during the era of President Abdel…

Daily News Egypt

Financial, commodity markets under pressure due to Russia-Ukraine war

EGX loses about EGP 24.4bn in last Thursday’s trading session

Fatma Salah

Egypt is second most targeted market for mergers, acquisitions with $9.9bn value: IDSC

The report highlighted that the total deals in 2021 amounted to about…

Daily News Egypt

Government aims to issue T-bills, bonds worth EGP 230.25bn in March

Outstanding balance of local T-bills, bonds reaches EGP 3.867trn until January 2022:…

Hossam Mounir

Swedish delegation visits Egypt to discuss cooperation for COP 27

Sweden looks forward to supporting Egypt in its role as president of…

Daily News Egypt

saib achieves pre-provision, tax profit of $68.9m in 2021

Continuous growth of bank’s business is supported by ambitious expansion plans: Chairperson…

Hossam Mounir

Total financial position of banks in Egyptian market approaches EGP 9trn in November 2021: CBE

Bank deposits increase to EGP 6.306trn, credit facilities up to EGP 3.066trn,…

Hossam Mounir

Egyptian government launches ‘Climate Pioneers Initiative’

Initiative aims to educate university students on climate change effects

Daily News Egypt

‘Your Project’ programme injects EGP 22.4bn to finance 189k SMEs until January 2022

1,500 projects implemented in January 2022, with total loans amounting to EGP…

Hossam Mounir

Digital Egypt platform offers over 125 government services: Communications Minister

This came during his participation in a session organised by the Arab…

Mohamed Alaa El-Din