Private banks move to protect their deposits after governmental banks raise interest rate to 20%
Banks issue new savings certificates at high interest rates; others increased return…
Pound liberalisation, high interest rate credit positive for banks: Moody’s
The increase in benchmark rates will support banks’ profitability, says the credit…
EETC signs for $757 loan with Export-Import Bank of China
Chinese State Grid to establish 1,210 km-long lines, government guarantee to be…
Anticipated governmental increase in metro ticket price sparks discontent
Metro monthly losses stand at EGP 25m but ticket price will not…
Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation
Banks operating in the local market have begun to ease restrictions set…
Industry and Trade Ministry holds meeting with concerned ministries to study new costs of transporting food products
Industry and Trade Minister Tarek Kabil was commissioned by the prime…
Arab Angel Fund raises $10m to achieve first close on its $25m AAFI
The AAFI will accept additional subscriptions from new limited partners until the…
International Cooperation Ministry holds meetings with European officials to look into development projects
Minister of International Cooperation Sahar Nasr met on Sunday with Stephanie La…
Communications Ministry receives 5 requests to establish electronic, battery factories in new technological areas
Factories will be established in partnership with the government, represented in joint…
EGX continues heading north in 3rd session after pound flotation, recording highest rates since 2010
The Egyptian Exchange (EGX) closed on Monday on high rises in the…
