Latest Business News
EGBank quadrupled size of deposits and tripled number of employees in two years: Assar
We target to be one of the top 10 banks in Egypt…
Egypt to receive diesel shipment from Aramco
Egypt is set to receive a diesel shipment as part of its…
Juhayna starts operations at new farm in Bahariya
The farm produces 80 tonnes of milk a day, 30,000 tonnes annually
Raya Holding acquires Lazah for EGP 80m
Deal included 5 million shares worth EGP 66.8m
Decline in number of docked ships at Damietta port in February
5.8% increase in the volume of traded goods, while sand and salt…
Export subsidies in coming FY to be kept at $2.6bn
Allocations for health budget amount to EGP 103bn, scientific research at EGP…
Egypt’s foreign debt jumps by $19.5bn in 2016
Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…
CBE resolves issue of temporary facilities obtained in foreign currency: Negm
Companies that owe more than $5m to banks will pay a 3.62%…
MNHD completes development studies of new commercial zone within 6 months
The registration of certificates of deposit in London Stock Exchange will be…
EGX rose to 5% at end of Q1 2017
New IPOs and interest rate cuts are motives to continue the positive…