Latest Business News
Government has plan to increase private sector’s participation in state-owned assets: Madbouly
The Prime Minister touched on the results of the Egyptian Family Iftar…
‘Khazna’ obtains CBE’s approval to launch prepaid card in partnership with ADIB
Khazna card allows money withdrawal and deposit, online payment, and payroll.
Architect of Burj Khalifa and Jeddah Tower designs new project in Egypt’s New Capital
The visit comes as a prelude to the first project being designed…
Youth represent 50% of fintech founders in Egypt
As for the educational level, 64% of entrepreneurs have bachelor degrees, while…
Saudi Public Investment Fund acquires 11% of Rameda at a value of EGP 135m
Arqaam Capital bought 65m shares of Rameda with a total deal value…
CBE to issue bid for local treasury bills denominated in USD, worth $1bn
The proceeds of this bid will be directed to pay the maturity…
Egypt’s presidential initiative to support, localise national industries to rely on local products, stimulate exports, provide job opportunities
This will be done by strengthening the role of the private sector…
Arab Company for Projects and Urban Development signs agreement to authorise selling housing units in Rehab and Madinaty
The agreement was signed by Ahmed Saeed — Assistant Minister of Housing…
IMF expects Egypt’s public debt to decline to its pre-pandemic levels by 2026
Foreign debt is not that high, the main part of the Egyptian…
