Latest Business News
Banks acquired 74 of outstanding treasury bills in January 2017
Foreigners’ investments in state debt instruments increased to EGP 79bn in first…
Household sector accounts for 75% of deposits at banks in December
It is very normal that individuals' share in deposits is higher than…
United Bank aims to increase real estate finance portfolio to EGP 300m
The portfolio's volume now is EGP 110m, but contracts to fund 11…
AIB’s loan portfolio increased to EGP 9bn by end of 2016
The bank has achieved more than 100% growth in business volume, says…
Focus Economics expects inflation to average 22.3% in 2017
The company expects the economy to expand at a more moderate pace…
Egypt to intensify cooperation with Jordan in military manufacturing
Minister of Military Production Mohamed Al-Assar met with Atef Al-Tal, chairperson of…
SCZone negotiates with pharmaceutical companies to invest in Medical City
Authority managed to attract first American pharmaceutical company to invest $624m, says…
Minister of Industry inaugurates 5 new factories in Sohag
The total amount of investment is worth EGP 185m
US unemployment down, but job growth cools
US job creation slowed sharply in March amid continued layoffs in the…