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

Global beauty sales up 15% in H1 2023, MENA online orders up 20%

The global beauty industry continued to gain momentum in the first half…

Daily News Egypt

EUI launches ‘Metaverse for Startups’ competition as part of workshop on emerging technologies

Egypt University of Informatics (EUI) has launched the “Metaverse for Startups” competition,…

Mohamed Alaa El-Din

Egypt’s Planning Minister meets with EBRD director to discuss cooperation

Hala El-Said, Egypt's Minister of Planning and Economic Development, met with Sue…

Taha Sakr

Egypt issues 7,200 industrial licences in one year

530% increase in industrial lands allocated to investors 

Daily News Egypt

Egypt prepares to host AIIB’s annual meetings in Sharm El-Sheikh

Egypt is getting ready to host the eighth annual meeting of the…

Daily News Egypt

Egypt extends land allocation mechanism for foreign investors in new cities

The New Urban Communities Authority (NUCA), affiliated to the Ministry of Housing,…

Daily News Egypt

FRA introduces new evaluation standards for startups

The Financial Regulatory Authority (FRA) has issued a resolution to amend the…

Daily News Egypt

Actis to buy Gabal El-Zeit wind farm for $350m from TSFE

The Sovereign Fund of Egypt (TSFE) has reached a preliminary agreement with…

Fatma Salah

Egypt, Gulf funds agree to defer dividends for 3 years

The Egyptian government has reached an agreement with Gulf sovereign funds that…

Fatma Salah