Latest Business News
WD counts on cloud computing services, information security to support its growth domestically
The company acquires 46% of the global hard drive market
Declining purchasing power diminishes mobile phone sales by 30%
We cut down our marketing budget by 70% to support the difference…
EGAS to rent gasification ship located in Jordan with 500m cubic feet capacity
Gas line with Amman to re-open this summer, importing 200m cubic feet…
Government raises prices of medicine under EGP 30 by 20%
Pharmaceutical companies have demanded the government increase the prices of medicine after…
Council to coordinate between CBE, Finance Ministry to legalise informal sector
Bylaws to govern the agricultural SEs to be issued within days
CIB targets to increase number of SME customers to 80,000 in 4 years
The bank finances these projects by providing EGP 50,000 to EGP 25m,…
Lack of financing hinders SMEs in Egypt
The lack of a unified body responsible for this sector is the…
Parliament’s economic committee to discuss AMF’s loan on Tuesday
The loan is worth $243m with an interest rate of 1.2% and…
Combating fraud: Visa working to ensure safe transactions for cardholders
Visa has analysed and risk scored more than 112bn transactions annually, says…
2.5m SMEs in Egypt providing 75% of jobs: EBI executive
We face great economic challenges and the solution lies in supporting these…