Egypt pound under fire as CBE shifts to remove limits on foreign currency transfers
Companies getting ready to transfer their profits could weigh on the weak…
Sahr Nasr vows to empower women, provide equal investment opportunity
The minister says government has set half of SME grants to finance…
Sherif Ismail inaugurates “Egypt Can” event for women
The event was endorsed by Al-Sisi and was attended by prominent Egyptian…
Naftogaz reportedly failed to sell its Egyptian assets
The Ukrainian company couldn’t find an investment bank to advise on finding…
Growth in broad money, credit to decelerate rapidly in coming months: IIF report
The IIF’s report says that a 1% increase in interest rates would…
Suez Canal revenues hit $440m in May
The last month saw an increase of 0.7% against April
Robust direct foreign investment inflows to Egypt in 2016: UNCTAD report
The report expected FDIs to flourish in 2017 on the back of…
Ashraf Salman launches AUR Capital to invest EGP 22bn in 5 years
The new company will hunt for opportunities only in the Egyptian market
CBE likely to maintain current tight monetary stance to reduce inflationary pressures: IIF
Annual inflation rate to decline gradually to 18% by end of 2017,…
Egypt to set up investor service centres in free zones: Sahar Nasr
The government will support investors in free zones amid strict rules, says…