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

Balance sheet of banks in Egypt climbs to EGP 24.9trn in February as deposits, lending expand

The aggregate balance sheet of banks operating in Egypt, excluding the Central…

Hossam Mounir

Alexandria University approves Talaat Moustafa Group donation to support innovation, scientific research

Alexandria University’s Council has approved a donation worth EGP 1.53m from Talaat…

Daily News Egypt

Arady Misr to launch Egypt’s first fractional land investment platform

Arady Misr, an Egyptian digital land marketplace, has announced the upcoming launch…

Daily News Egypt

Accor, Margins Developments to launch Novotel hotel, branded residences in New Cairo

Global hospitality group Accor and Margins Developments have signed an agreement to…

Daily News Egypt

India’s Jai Dadi Group launches $16m Nile Ferro Alloys plant in Sinai’s Technology Valley

Walid Gamal El Din, Chairperson of the Suez Canal Economic Zone (SCZONE),…

Daily News Egypt

Electricity, petroleum ministers review plans to meet peak summer power demand

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Karim Badawi,…

Daily News Egypt

IDA reclaims industrial land, factory units from non-compliant investors

Egypt's joint committee, led by the Industrial Development Authority (IDA) in coordination…

Daily News Egypt

Al Ahly Pharos completes EGP 744m securitised bond issuance for Valu

Al Ahly Pharos Investment Banking, the investment banking arm of the National…

Daily News Egypt

CIB partners with IE University to strengthen leadership development in Egypt

Commercial International Bank Egypt (CIB), Egypt's largest private-sector bank, has signed a…

Daily News Egypt