Latest Business News
Sales of high-priced cars exceed sales of middle-class cars
Cars worth more than EGP 2m registered more sales than middle-class cars…
Daimler expands its e-battery production
During a groundbreaking ceremony in eastern Germany, premium carmaker Daimler has confirmed…
Investors believe raising interest rate is wrong, expert says it could control the economic situation
The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate…
Banks tend to maintain interest rates unchanged despite CBE’s 2% hike
Government banks offer highest return on savings in the local market and…
Raising interest rates shakes markets, disturbs business community
Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn
Interest rate hike takes toll on Egyptian stocks
EGX 30 falls 2.52% during heavy trading, foreign investors buy
Prime minister opens “Ahlan Ramadan” fair, 200 companies participate
The number of fairs that provide food around Egypt during Ramadan is…
EGBANK signs $20m loan agreement to finance SMEs
The European Investment Bank is to finance the loan that will be…
SECON to inject EGP 4bn in project in New Administrative Capital
SECON also signed 5 construction contracts to construct 21 residential buildings in…
Number of docked vessels in Damietta Port declined by 6.9% in March
Exports grew by 33%, supported by sand, methanol, and salt
