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

IFC invests in Algebra Ventures to support Egyptian tech start-ups and drive innovation

The IFC’s $15m investment in Algebra Fund II will help support the…

Daily News Egypt

Annual urban inflation jumps to 10.5% in March 2022: CAPMAS

Annual core inflation increased to 10.1% in March 2022: CBE

Hossam Mounir

Al-Sisi reviews electricity projects across Egypt

Egyptian president directs to expand in renewable energy projects

Daily News Egypt

Egypt’s Petroleum Minister, EU Commission discuss ways to increase cooperation in energy fields

El-Molla confirmed that the African-European summit last February witnessed several fruitful meetings…

Daily News Egypt

Egypt, European Commission discuss preparations for COP 27

The meeting comes within the ongoing preparations for the 27th Conference of…

Daily News Egypt

GAFI, FRA, ITIDA sign protocol to create legislative, procedural environment for investment in Egypt

The protocol also includes finding innovative solutions that fit the nature of…

Mohamed Alaa El-Din

Tawfik Financial Leasing targets net financing of EGP 3.5bn this year

The company is considering issuing a securitisation operation worth EGP 1.5bn in…

Fatma Salah

Egypt’s economy expands healthily in annual term: FocusEconomics

The forecast projected Egypt’s total investments to grow by 14.4% in FY2021/22…

Shaimaa Raafat

CIB Egypt details its digital transformation results amid COVID-19

Volume of mobile banking transactions more than doubled to 107% in 2021

Hossam Mounir

Egypt keen to encourage owners of informal projects to reconcile their status: Trade Minister

Of these projects, 3,116 are commercial projects, 216 are industrial, and 11…

Hossam Mounir