Latest Business News
Currency devaluation to spur foreign purchase of property
20% of CGP's sales in 2017 to be directed to clients abroad,…
New customs tariffs intended to reduce imports, encourage industry: Finance Minister
Amendments are in line with Egypt's international obligations to the WTO, and…
Electricity Ministry to increase value of cost-sharing agreement for solar energy projects by 30% due to flotation
Ministry decides it will not shoulder the burden of increased costs
Sawiris shuts down affiliate bank in North Korea due to US sanctions
Orascom Telecom Media and Technology Holding will shut down Orabank, its…
International Cooperation Minister signs 3 agreements with KFD worth EGP 2.5bn
$3bn total cooperation portfolio between the ministry and the fund directed to…
CI Capital deal moves EGX towards historic level to reach 12,000 points: analysts
Technical analysts predicted that the deal would push CIB shares towards EGP…
South Valley compares between borrowing, increasing capital to finance 2nd cement line
The company targets to increase its production capacity to 3m tonnes, and…
Mega Holding negotiates to acquire transport company for EGP 60m
The company targets acquisitions in a number of sectors
Soha Soliman appointed deputy chairperson of Banque du Caire
Egypt’s cabinet issued a decree on 26 November appointing Soha Soliman, the…
18 million people require microfinance in Egypt: former CBE governor
We need about EGP 54bn to finance 3.6 million families living below…