Latest Business News
Suez Canal revenues increase to $483m
The report further showed that total deposits for Egypt’s Central Auditing Organization…
AFP INFOGRAPHIC: Samsung’s new smartwatch
Samsung's new smartwatch allows users to make calls, receive texts and emails…
Banks demand security
Egyptian Trade Union Federation asks interior ministry for extra security at bank…
NBE to defer EGP5bn in loan payment installments
The National Bank of Egypt (NBE) will defer EGP5bn of debt payment…
Gold retailers slowly resume business
The price of gold increased Tuesday, with 21 carat gold increasing EGP6…
Galal to Beltone Financial: Egypt targeting budget deficit of 9% in 2013-2014
The conference call is the second held by Beltone following last week’s…
Egyptian banks register profits despite economic uncertainties
Faisal Islamic Bank of Egypt announced net profits worth EGP 370.816m in…
Central Bank of Egypt sells $1.3bn in its first exceptional auction
CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday…
Euromoney Conference to debate how to accelerate Egyptian economy
Banks outlined the main objectives of the 2013 Euromoney Egypt Conference, including…