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

Egypt, trade hits $1.5bn with Greece, $217m in with Cyprus

The Central Agency for Public Mobilization and Statistics has reported that trade…

Daily News Egypt

EU parliament chief visits Egypt for talks on financial assistance, Middle East geopolitics

Roberta Metsola, President of the European Parliament, is set to visit Egypt…

Daily News Egypt

Egypt’s October 2024 trade deficit drops by 16%

The Central Agency for Public Mobilization and Statistics (CAPMAS) has released its…

Daily News Egypt

Financial soundness indicators highlight resilience of Egypt’s banking sector: CBE

The Central Bank of Egypt (CBE) has confirmed that the latest Financial…

Daily News Egypt

MSMEDA signs 41 contracts worth EGP 900 Million to support microfinance in 2024

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved…

Hossam Mounir

Biometric Scan and Artificial Intelligence: Endgame of Fears and Doubts

Biometric scans, which utilize unique physical characteristics to identify individuals, have become…

Sara Fawzy

Egypt welcomes record 15.7 million tourists in 2024 despite regional challenges

Egypt welcomed a record-breaking 15.7 million tourists in 2024, despite ongoing geopolitical…

Daily News Egypt

Egypt’s banking sector records $5.95bn net foreign asset surplus in November 2024

The Central Bank of Egypt (CBE) announced that the banking sector’s net…

Hossam Mounir

Central Agency for Reconstruction completes 37 projects worth EGP 1.068bn: Minister

Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, reviewed the achievements…

Daily News Egypt

Local liquidity in Egypt’s banking sector increases by EGP 2.46trn in 11M 2024

Egypt’s banking sector saw a significant increase in local liquidity, rising to…

Hossam Mounir