Latest Business News
$291.8m injected to develop, digitize Afreximbank: Finance Minister
Public capital in 2021 increased to $2.6bn to deal with global shocks
World has not seen such halt in economic activity since 2008 financial crisis: Deputy CBE Governor
Decision-makers are often faced with the duty of prompt and effective policy…
Government considers flexible mechanism to determine electricity prices
New proposal to review electricity prices every six months due to changes…
Egypt’s Prime Minister inspects Al-Alamein to follow up on projects
Egypt’s Prime Minister inspects Al-Alamein to follow up on projects
Qalaa Holdings chairperson sentenced to prison in absentia over $18m cheque dispute
The court ruling was in absentia and of the first degree related…
Technology, population are crucial to digital payments growing without a ceiling
The Finance Ministry bore the burden of changing the culture of digital…
Egypt’s trade deficit decreases by 39.7% in March 2022
Egypt’s trade deficit recorded $2.26bn in March 2022, down from March 2021’s…
Egypt’s Tax Authority demands taxpayers quickly pay original dues before end of June
This is in order to benefit from the facilities provided in the…
NBE raises stake in Afrexim Bank by $326.6m
This comes after Afrexim Bank invited shareholders to participate in increasing its…
Egypt’s Tanmeyah acquires tech-driven B2B platform Fatura
The platform brings together retailers, manufacturers, and wholesalers in one place. Fatura…