Latest Business News
New budget aims at 5% GDP growth, reduce national debt to 94%: Minister of Finance
Minister of Finance Amr El-Garhy said that the ministry aims to achieve…
8 Egyptian banks among top 100 Arab Banks: UAB
Egypt occupies fifth place according to the number of banks on the…
Qalaa studies restructuring ASEC Engineering to control expenses
Company is facing expense hikes on back of spare parts price increases…
Brokerage companies pin hopes on flotation, government offerings to improve exit negotiations
Executives confirm that acquisitions are now based on minimum value of brokerage…
United Bank increases number of branches in Egypt to 51
The bank aims to be present in important economic and social areas,…
Banque du Caire to open 18 new branches in 2017: chairperson
The bank's expansion plan comes in the framework of the implementation of…
Uncertainty clouds future of interest rate on Egyptian pound
The Monetary Policy Committee will hold its last meeting in 2016 on…
10 banks offer EGP 6bn syndicated loan to Etisalat Egypt
A banking alliance of 10 major banks signed a syndicated long-term loan…
How a fluctuating oil market is likely to impact Egypt
The oil market has been in decline for a considerable period of…
Could the visit of Libya’s National Oil Corporation chairperson to Cairo solve Egypt’s oil imports challenge?
On Wednesday, the chairperson of Libya's National Oil Corporation (NOC) visited…