Latest Business News
Hermes to cover 50% of Vortex acquisition of solar projects
EFG-Hermes intends to play the role of initial public offering (IPO) underwriter…
QNB Al-Ahli cooperates with VISA to promote electronic payments
The bank is preparing to launch mVISA service for the first time…
AAIB seeks to attract more investments, contribute to development in the SCZone
The bank signed a memorandum of understanding with the General Authority for…
Banks achieve net profits worth EGP 30.143bn in Egyptian market until September 2016: CBE
The five largest banks acquire 44.32% of total profits, 42% of total…
Non-performing loans reach 5.9% by the end of September 2016: CBE
The private sector acquired 70% of total loans offered by banks to…
IMF deal eases Egypt’s market pressure along with other frontier markets: Fitch Ratings
IMF support has played an important role in reducing external liquidity risks,…
293 ships transit the Suez Canal in 6 days carrying 15.3m tonnes
Suez Canal traffic data showed that 293 ships transited the canal, with…
Electricity Ministry to announce winners of smart metres tender by end of January
The Ministry of Electricity is set to announce the companies that have…
