Latest Business News
Recession hits gold market in Ramadan
Increase in companies’ demand indicates recovery after the season, says Rezk
CBE allocates EGP 50bn for mortgage finance for middle-income people
A mini committee was formed including representatives of the CBE, banks operating…
Government plans to offer treasury T-Bonds, T-Bills worth EGP 146.5bn in June
Finance Ministry borrowed about EGP 184bn in T-Bills, T-bonds in April, about…
Delek Drilling aims to start gas sale to Egypt by end-June
Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas…
Parliament initially approves amendments of mineral wealth act
Issuing law to be completed before end of current parliamentary session: Source
AlexBank, SBC, Pride Capital partner to bring world’s biggest FinTech accelerator to Egypt
The Fintech accelerator programme is considered the first of its kind in…
Crédit Agricole Egypt advances digital transformation culture, opens more innovative branches across Egypt
Bank has achieved a net profit of EGP 701.6m up 33.7% q-o-q
Recession likely to dominate EGX in next two sessions
US-China trade conflict is confusing investors
El Sewedy Electric plans to set up new company in UAE as part of its expansion plan
EGP appreciation poses itself risk, as most of revenue generated is priced…
Government settles negotiations with Siemens Gamesa to establish €2bn wind farms
Company to sell production at 3.2-3.4 piasters per kw/h
