Latest Business News
For the seventh time: CBE fixes interest rates on deposits and loans
In its meeting Thursday, the monetary policy committee in the Central Bank…
Libya invites Egyptian investors to help in its reconstruction
The $65 billion worth plan will be executed within a 10 year…
Developers compete for Egyptian Steel contract
Four companies are competing for a contract of Egyptian Steel's plant in…
News of Sukuk issuance agreement creates confusion among Islamist parties
The Ministry of Finance’s head of the Public Debt Unit, Samy Khallaf,…
Al-Saeed: MENA Transition Fund launched with capital of $250m
Minister of Finance Momtaz Al-Saeed, announced the establishment of a MENA Transition…
Egypt to receive first instalment of Turkey’s pledged $2bn loan
The Turkish loan to Egypt has triggered a political crisis in Turkey.
EFG deal fails to lift the market
Al-Saeed expects the market to resume its positive performance Wednesday despite price…