Latest Business News
AMF loan term set to three years, first instalment after 18 months
AMF loans amount to $1.6bn and $68,000 for service fees, says El-Gohary
Sawiris lifts capital of Promo Media to EGP 500m
Sawiris said that selling ONTV removed the conflict of interest between owning…
Egypt’s economic situation remains far from rosy: FocusEconomics
The GDP is expected to be $311bn in FY 2015/2016 and to…
Streamlining operating costs leads to 65% profit increase for Arafa Holdings
Manufacturing of textiles was disproportionally affected by the slide against the US…
CBE to present 3-month report of SME financing initiative to parliament
The financing initiative does not include micro-projects and Negm did not give…
Mobile subscriptions post minor growth while internet users grow to 33.2m in February
Ministry records a 30% growth rate in mobile phone internet users
Egypt’s electronic payment market ranks third largest in Arab region
The Arab market grew by 23.3% and the market reached $5.1bn in…
Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE
Industry at forefront of economic sectors funded by banks followed by services,…
4.3% increase in Egyptian families using computers in 2015: CAPMAS
21.9% increase in internet use at home
CBE provides $120m to cover pharmaceutical product import requests
The CBE called banks to cover their customers' requests with the US…