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

FRA updates investment rules for insurance companies

The Financial Regulatory Authority (FRA), under the leadership of Mohamed Farid, has…

Hossam Mounir

Egypt’s annual urban inflation eases to 24% in January

Annual urban inflation in Egypt slowed slightly to 24% in January 2025,…

Hossam Mounir

Egypt prioritises summer energy needs, efficiency improvements

Egyptian Prime Minister Mostafa Madbouly is overseeing efforts to secure the country's…

Daily News Egypt

Morshedy Group acquires iconic Zamalek Tower in EGP 2.5bn deal

Morshedy Group, led by businessman Mohamed Morshedy, has acquired the landmark Fouda…

Daily News Egypt

SCZONE signs contracts for smart truck yard at West Port Said with EGP 250m investment

The Suez Canal Economic Zone (SCZONE) has signed contracts to establish a…

Daily News Egypt

Servier Egypt celebrates jubilee with new production line, cancer programme

Servier Egypt, part of the global Servier Group, has commemorated its 70th…

Daily News Egypt

Hassan Allam launches Jinet Agriculture, expands agricultural portfolio

Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a…

Daily News Egypt

Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024

The Central Bank of Egypt (CBE) reported that the net foreign assets…

Hossam Mounir

Investment Minister visits Spain to strengthen economic ties

Minister of Investment and Foreign Trade Hassan El-Khatib arrived in Madrid on…

Daily News Egypt

Prime Minister reviews Ras El-Hekma masterplan with Modon Holding Leadership

Prime Minister Mostafa Madbouly met on Sunday with Jassem Mohamed Bu Ataba…

Daily News Egypt