Latest Business News
Despite high interest, banks attract only EGP 26bn of new funds into saving certificates
Investments in new saving certificates amount to EGP 135bn, 81% recycled from…
CIB increases spending limit on cards abroad for 3rd time
The Commercial International Bank (CIB) increased its spending limits on its cards…
IPP to re-offer 10% of its shares in December
The International Printing and Packaging Company (IPP) will reoffer 10% of its…
Mubasher set to acquire financial company to stimulate expansion plan: officials
We assigned a chartered accountant to begin establishment of Mubasher Holding, says…
EAB secures loans worth EGP 5.5bn to fund 800,000 plant production, agricultural crops projects: chairperson
We aim to finance participants in the 1.5m acres project to support…
Banque Misr finances 419,000 clients working in micro-enterprises, SMEs
The bank granted 30,400 loans under Mashrouak (Your Project) initiative worth EGP…
NBE provides EGP 27bn to 51,000 small, medium, micro-enterprises by end of October: chairperson
NBE provided EGP 5.2bn to more than 7,000 projects in 9 months…
Economic professors, experts criticise government’s reform programme
IMF loan will not encourage Egyptian economy, says former finance minister
Mercedes considers increasing investments in Egypt: GAFI
Indomie studies building a factory to export to Kenya, relying on Egyptian…