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

How will Sidi Kerir’s acquisition of ETHYDCO be affected by Abu Dhabi deal?

Abu Dhabi Development Holding Company’s stake in ETHYDCO will be transferred to…

Daily News Egypt

NIB, NBE to sell their stakes in Alamal Alsharif Plastics

Alamal Alsharif Plastics, the largest producer of plastic pipes in Egypt, is…

Fatma Salah

Siemens Mobility showcases innovative rail solutions for Egypt at TransMEA 2023

Siemens Mobility, a global leader in rail transportation solutions, and the main…

Daily News Egypt

CIB reports 3Q 2023 consolidated net income of EGP 8.35bn

CIB’s 3Q 2023 standalone net interest income records EGP 37.6bn, increasing by…

Hossam Mounir

Step-by-step guide on building climate-resilient water systems in Egypt by BII

British International Investment (BII), the UK Development Finance Institution (DFI) and impact…

Fatma Salah

Egypt’s international reserves increase by $131m in October: CBE

The Central Bank of Egypt (CBE) reported on Sunday that its international…

Hossam Mounir

Egypt to offer management and operation of airports to private sector

Egypt's Prime Minister Mostafa Madbouly announced that the government plans to offer…

Faris Robey

We will use all monetary policy tools to achieve inflation targets: CBE

CBE sets its inflation targets at 7% (±2%) on average in Q4…

Hossam Mounir

CBE reports key bank performance indicators as of July 2023

Financial position of banks breaks barrier of EGP 14trn 

Hossam Mounir

World Governments Summit Organization launches report on achieving net zero

In conjunction with the UAE's preparations to host COP28, the World Governments…

Daily News Egypt