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

World Bank, Egyptian government cooperate on state ownership policy, asset management

World Bank mission visits Egypt to discuss technical support, best practices for…

Daily News Egypt

Egypt’s core inflation drops to 1.3% in December 2023

Central Bank of Egypt maintains key interest rates, targets lower inflation rates…

Hossam Mounir

Government reduces its stakes in 61 companies for IPO programme

Egyptian government selects new companies from different sectors to sell their shares…

Fatma Salah

Egypt unveils 1.1GW wind project in historic $1.5bn deal won by Saudi-led consortium

A consortium led by Saudi Arabia's ACWA Power signed on Wednesday a…

Daily News Egypt

High-level Egyptian delegation meets IMF chief, US Treasury Secretary

Yellen pledges support for Egypt, Georgieva underscores IMF's unwavering partnership as country…

Daily News Egypt

Meta takes steps to shield teens from sensitive content on their apps

In a bid to protect young users, Meta announced Tuesday a series…

Daily News Egypt

ADIFinance joins alliance to offer financing of EGP 1.3bn to El Hazek Construction

Alliance reflects importance of cooperation, mutual trust in financial leasing field, says…

Daily News Egypt

We aim to lower debt-to-GDP ratio to less than 85% by June 2028: Minister of Finance

Budget agencies’ debt life extended to four years in medium term to…

Daily News Egypt

Egypt denies imposing new burdens on arrivals, refugees

The Egyptian government has rejected the claim that it is restricting arrivals…

Sami Hegazi

Halan issues securitization bonds worth EGP 971.5m in collaboration with CIB

Issuance is part of EGP 3bn bond programme over three years

Daily News Egypt