Latest Business News
Egypt channels $2.4bn finance into 36 projects for education, research development
New funds represent 9.2% of ongoing development financing portfolio
Government follows up on St. Catherine tourism projects in Sinai
Meeting discusses procedures to activate ecotourism, preserve biological diversity in Sinai
Bahrain’s Bank ABC acquires 99.5% of BLOM Bank Egypt
Acquisition deal valued at $425m
Tanmeyah, Banque Misr partner to issue Meeza cards for microenterprises
Agreement contributes to state's efforts to transform into cashless society
National Investment Bank refutes liquidation reports, puts restructure plan into operation
It is part of Egypt’s structural reform programme
Edita signs EGP 150m loan with Crédit Agricole to finance new bakery line
New bakery line set to be operational by Q1 2022
Egypt’s mobile operators to refund EGP 2m to customers for service issues
Orange accounts for largest share of refunds at 65%, followed by Vodafone…
Egypt’s annual urban inflation rises to 5.4% in July 2021
Annual core inflation computed by CBE records 6.4% in July 2021
Government keen to regulate IT, software development market: Madbouly
Al-Sisi directed providing all forms of support to IT, software companies
Telecom Egypt’s consolidated revenues record 16% rise to EGP 17.4bn in H1 2021
Company receives 2nd instalment of Vodafone dividends valued at EGP 3.6bn: CEO