Latest Business News
Sherif Ismail inaugurates “Egypt Can” event for women
The event was endorsed by Al-Sisi and was attended by prominent Egyptian…
Parliament discusses loan for developing transmission and distribution network of electricity
Parliament will discuss a loan agreement worth EGP 37bn for the development…
Egyptian company to supply garments to Lebanon, Africa, Dubai worth $3m: Kabil
Contract gives all manufacturing of Lebanese company’s designs to the Egyptian company
No increase in prices of cigarettes and oils after increasing VAT to 14%: El Monayer
Increasing VAT by 1% will have limited impact, 57 categories of goods…
Fuel prices increase construction costs by 15%
Recent economic reform decisions raised administrative expenses and profits of contracting companies…
Financial Group, EFG-Hermes acquire 26% of EGX’s transactions in H1 2017
Financial Group executed transaction of EGP 51.7bn, thanks to the Bin Rushd…
Financial Group maintains leadership among securities companies in June
Financial Group maintained its dominance over the brokerage firms in June, with…
Egypt’s top 5 banks accounted for 77.7% of total profits of banks operating in Egyptian market by end of March 2017: CBE
Total profits amounted to EGP 30.516bn at the end of first quarter…
Nonperforming loans drop to 5.7% of total loans at banks by March end: CBE
Ratio of loans to deposits in local currency rose to 40.2%, ratio…
EGP 22bn allocated to increase subsidy support from EGP 21 to EGP 50: Kojak
Social package costs total EGP 75bn: Moeit