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

Eni plans to invest $7.7bn in Egypt’s energy sector

Egyptian President Abdel Fattah Al-Sisi met on Sunday with Claudio Descalzi, the…

Daily News Egypt

Sehatech secures $850,000 in funding from A15, Beltone Venture Capital to digitize TPA industry

Sehatech, a leading health tech startup based in Egypt, announced Sunday that…

Daily News Egypt

AFREXIMBANK to establish headquarters in New Administrative Capital

 The African Export-Import Bank (AFREXIMBANK) has signed a contract to establish its…

Sami Hegazi

Sorouh starts new phase of Entrada project in New Capital

Sorouh Developments has announced the launch of Cascadia, a new phase of…

Daily News Egypt

UAE’s Global Investments Holding Ltd acquires 30% stake in Egypt’s Eastern Company for $625m

Global Investments Holding Ltd., a company based in the United Arab Emirates,…

Daily News Egypt

saib launches project to make banking more accessible for people with disabilities

Step comes within framework of state’s directives, CBE initiative to empower people…

Daily News Egypt

Attijariwafa bank Egypt posts record net profit of EGP 913.1m in 1H 2023

Attijariwafa bank Egypt has announced a record net profit of EGP 913.1m…

Daily News Egypt

CBE reports 12.7% rise in domestic liquidity in seven months

Non-governmental deposits in local currency reach EGP 5.791trn

Daily News Egypt

CBE assets soar by 50% in one year to EGP 4.480trn

Bank’s contributions to capital of international financial organisations increased to EGP 19.378bn, 

Hossam Mounir

Austrian Kronospan plans to set up wood panel factory in Egypt with $50m investment

The Industrial Development Authority (IDA) is in talks with the Austrian Kronospan,…

Daily News Egypt