Latest Business News
Moody’s raises Egypt’s credit rating to B3
Moody's Corporation estimated a decrease in Egypt’s budget deficit to 10% of…
Finance ministry to borrow EGP 249bn through bonds, treasury bills
The ministry will issue treasury bills worth EGP 33.5bn for 91 days,…
Capital taxes fuel row between authority, brokers
Approximately EGP 250m were collected in 2015: MCDR Head
Egyptian-Emirati project to reclaim 220,000 acres using solar energy
The project also aims to transform region into attractive area for residents
ECESR wins appeal, white taxi owners to renew licences without bank statement
Ministry of Finance has supported white taxi project with EGP 1.5bn since…
Toyota Tsusho to invest $1.5bn in Egypt
Areas of investment will be in energy and exploration sectors
Foreign reserves record $15.29bn end of March
The reserves figure remained within the same range since the beginning of…
MIDOR, Gas Cool, El-Neel oil marketing seek bourse listing
Ministry of Supply also studying FIHS’ listing
Gulf Capital receives ‘Firm of the Year’ award
Gulf Capital has been actively investing in private equity and credit and…