Latest Business News
CBE expected to increase interest rate by 1% on Thursday
High inflation, application of VAT would raise Egyptian pound’s interest rate by…
Opinion: VW caught in the Dieselgate vortex
A year ago, Volkswagen had to admit it had rigged emissions in…
NBE finances purchase of 12,500 low-income housing units worth over EGP 1bn
The CBE previously launched an initiative to stimulate mortgage funding for low-income…
26 ships are waiting to enter Damietta Port
In the past 24 hours, Damietta Port received five container ships and…
3 companies, government to sign an agreement for purchasing solar energy generated electricity
A German finance institution agreed to finance the projects; arbitration in case…
Kia Soul sells 485 vehicles in seven months
The Soul comes in 39th on the list for most traded cars…
China’s Safbon to build $200m recycling plant
The Chinese delegation presented a plan to establish a plant for recycling…
Siemens announces massive investment in Argentina
The German engineering giant will be engaging in funding and building infrastructure…
Al Dau Development invests EGP 2bn in 2 real estate projects
Al Dau Development aims to launch Al Dau Village mall by the…
EGX30 retreats 0.1% during early trading on third day of Eid Al-Adha
The broader index EGX100 also increased by 0.01%, registering 816.9 points