Latest Business News
Banks operating in Egypt celebrate International Youth Day
New accounts opened free of charge, special offers made on 1-15 August
CI Capital records EGP 1.1bn revenues in 1H19, growing 35% y-o-y
Company achieves net profit of EGP 207.7m in this period, up 39%…
US enshrining of FX controls to carry serious implications for global market: HSBC
Moving parts involved in current trade negotiations are similar to those evident…
CBE reveals Egypt’s economy external position
Foreign debt reached 35.1% of GDP at end December 2018, compared to…
Cairo Airport obtains license to distribute electricity for five years
Airport expected to sell 171m kw/h in FY 2020
Egypt’s Supply Ministry reveals 12 determinants to exclude Egyptians from ration cards by end August
Indicators include electricity consumption, EGP 15,000 salary, EGP 100,000 in taxes, and…
Egypt’s crude oil, petroleum products imports decrease by $3bn in FY2019/20: Government sources
Country’s domestic consumption of natural gas to increase to 51.1 million tonnes
Misr Italia to establish Mideast’s first vertical forest in NAC
"We aim at introducing trend-setting concepts that can improve the Egyptian real-estate…
Raya Foods gets €5m loan from EBRD to finance expansion plan
The loan is expected to be disbursed in two instalments, the first…
Swiss embassy celebrates 40 years of development cooperation with Egypt
Three domains drive cooperation strategy till 2020, says document