Latest Business News
United Bank obtains EGP 120m from SFD to finance SMEs
We signed six contracts with the fund so far, totalling EGP 395m,…
Konzept, IFP Egypt, AAPIC, Informa organise largest food industry event in Africa
The event will take place between 22 and 24 April and includes…
German firms report Brexit will ‘seriously damage’ business with UK
Details of the Brexit separation are still unknown. But nine percent of…
Egyptians consumed electricity worth EGP 5.5bn in the last month
Government agencies dues amount to EGP 1.7bn, household sector most committed to…
Egypt looks forward to new economic relations with US administration: Nasr
Door knocking delegation to the US in May to promote trade and…
IFC provides AAIB with $100m loan to support SMEs
The loan will enable AAIB to scale up its lending operations to…
4.5% decrease in Index of Manufacturing during January 2017: CAPMAS
The Index of Manufacturing—excluding crude oil and petroleum products—registered 123.04 points during…
Tesco handed fine for accounting fraud
Britain's largest retailer, Tesco, has agreed to pay a hefty fine plus…
Auto Jameel opens new Ford service centre in Katameya
The company aims to launch further service centres to improve customer satisfaction
ECA stresses lack of jurisdiction over customising vehicles after clearance
Importers tend to buy used vehicles and then undertake modifications to improve…