Latest Business News
Health Committee to summon minister of health on soluble medicines shortage
Health Ministry is negotiating with Nile Pharma and Nasr Pharma to increase…
CBE vows to ‘punish’ banks lagging behind in SME support
The Central Bank of Egypt (CBE) vowed to punish banks that lagged…
EGX to break through resistance level of 8,500 points
Analysts and technical reports predict that stability on this level will make…
Issued credit cards increase to 3.8m at June’s close: CBE
The number of credit cards at banks operating in the Egyptian market…
275 ships transit Suez Canal in 6 days
Suez Canal traffic data showed that 275 ships transited the canal, with…
Non-performing loans fall to 5.9% as of end of June: CBE
Private sector accounts for 70.6% of total loans provided by banks to…
Halwani Brothers targets exports worth EGP 150m by end of 2016
Halwani Brothers targets to grow its exports by 20-30% by the end…
Unilever Mashreq to open detergent factory in 2 months with €24m in investments
The company's exports registered €160 over first nine months of 2016
Americana allocates EGP 17m for developing bean, olive factories during 2016
The group's exports registered EGP100m in 9 months
NTRA, Orange Egypt sign agreement for 4G license
Orange Egypt had originally protested the high price of the license
