Latest Business News
PBDAC awaits supervision by CBE to implement development plan: chairperson
The new law does not exclude the bank from Ministry of Agriculture…
MSCI Index rises at a rate of 0.93% last week
MSCI Emerging Market Index closed the past trading week registering a slight…
GCC stock markets achieve collective gains in weekly transactions
Qatar Stock Exchange rose by 3.19% and closed at 9,837 points, recording…
4.4% growth in GDP forecasted for FY 2016/17 in Egypt: World Bank
$35bn accumulated in direct and indirect losses from war in Syria and…
Beltone calls on general assembly to issue GDRs on London Stock Exchange
Legal adviser for Beltone says acquisition of CI Capital failed due to…
Analysts predict decline of EGX following failed Beltone-CI Capital acquisition deal
The EGX will likely decrease from 7,756 points to 7,600 points after…
Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE
The new figure marks an increase of $5.6bn (11.8%), the CBE reported
No intention to turn PBDAC into commercial bank: chairperson
We seek to change the misconception that we simply offer fertiliser to…
Six problems facing the bank in the coming period: PDBAC chairperson
The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…
235 ships transit the Suez Canal carrying 14.3m tonnes in the past five days
The average load per ship was about 60,850 tonnes during that period.