Latest Business News
GE signs agreements to boost Iraqi power infrastructure
The agreements promise to supply the Iraqi national electricity grid with over…
NBE, Banque Misr grant EGP 10bn in loans to SMEs in January
Banque Misr is considering pumping new loans worth EGP 1bn into the…
Premiere to serve as financial advisor for establishment of iron, steel plant in Dubai with investments of $400m
The plant's output will reach 500,000 tonnes per year
Banque Misr – Pharos alliance suggests 3 scenarios for EFIC expansion
Scenarios include selling 100% of SCFP, increasing capital, offering 40% of shares,…
Collective purchases of shares to dominate EGX this week
Sideways trend tilted to rise between 12,800 to 13,400 points is expected
HDB raises number of branches to 71, opens in El Tor
The Housing and Development Bank (HDB) has increased the number of its…
NBE arranged 10 syndicated loans worth EGP 50bn in 2016
NBE occupied the first position in the Egyptian market, and the third…
Egypt raised $4bn from bond issuance with very strong demand: Finance Minister
Order books for the bonds exceeded $13.5bn; Egypt to receive amount by…
EGPC sets exchange rate for repayment of foreign partners at EGP 17 per US dollar
Large part of the bill paid in Egyptian pounds, says source
