SMEDA signs 10 contracts with NGOs to finance micro projects worth EGP 12.2m

The contracts will benefit 2,635 in eight governorates, through providing micro-loans up to maximum EGP 10,000, says Gamea

Hossam Mounir

NBE meets investors of industrial zones in Beni Suef, Minya, and Assiut

Bank’s SME loans portfolio amounted to EGP 32bn to 53,000 projects

Hossam Mounir

Crisis between Health Ministry and companies boiling

We demand new increase next month to fulfil January promises: Foreign companies

Mohamed Mostafa

Eastern Company raises cigarette prices on higher production costs

The government says the company raised the prices on its own accord without any intervention

Daily News Egypt

Paying social allowance to the private sector’s employees in July 

on Sunday, a collective agreement gathering business owners, employees, and syndicates will be conducted at the Ministry of Manpower, says minister

Shaimaa Al-Aees

Mixed US positions over Qatari crisis

The four Arab states that imposed boycotting Doha said that the agreement between Qatar and the United States to counter terrorism financing is insufficient

Mohammed El-Said

Hegazy discusses Libyan crisis with Commander for US Africa Command

Waldhauser, Bodde praised the pivotal role of Egypt to restore stability in Libya

Daily News Egypt

Egyptian Union for Investors Associations, CBE to discuss problems of companies that refused exchange rate difference initiative

The Union received requests from companies to speed up the settlement of their debts with banks, says Shaaban

Mostafa Fahmy

Launching first smart mass transit project with investments of EGP 1bn

Misr for Technology and Projects (MisrTech) launches the pilot operation for the first smart collective transport project with investments worth EGP 1bn. The project aims to use state-of-the-art technology to…

Daily News Egypt

Turkish Paşabahçe acquires Pearl Glass Group for $50m

The company plans to invest $100m in the domestic market in the coming period

Mostafa Fahmy