CBE’s cut of overnight lending rate to revive automotive sector

Alaa El-Sabaa, a member of the Automotive Division of the Federation of Egyptian Chambers of Commerce and Chairperson of El-Saba Automotive, said each bank will have a different lending rate,…

Mohamed Al-Roubi

Car licensing suspension to paralyse automotive sector: pundits

Auto dealers ask CBE to exempt them from decision to disburse car loans

Yara El-ganiny

Trend Micro, Cysiv, acquire SecureMisr for cybersecurity

According to the press statement, SecureMisr, as a Cysiv company, will continue to offer all of its current penetration testing, vulnerability assessment, security operation centre (SOC), training and other related…

Mohamed Alaa El-Din

Cairo Capital acquires ministerial approval for Lake West development in Sheikh Zayed

Project to be delivered in 2021, says company’s chairperson Ahmed Selim

Shaimaa Al-Aees

EFG Hermes concludes advisory on HMG’s $700m IPO on Tadawul

First day of Dr Sulaiman Al Habib Group trading, confirm the solid fundamentals of the stock, says Ebied

Alyaa Stohy

Egypt studies operating tourist sleeper train lines linking Luxor, Hurghada

Decision to encourage tourist companies to launch new programmes that would link cultural, beach tourism, says ex-head of Tourism Promotion Authority

Nehal Samir

China weathers through COVID-19, remains global investments destination: Embassy in Cairo

Clouds will disperse, pandemic to eventually pass, says Bing

Hagar Omran

EGP 6.2bn worth of 15% certificates sold by NBE, Banque Misr on first day

80% of NBE’s certificate sales took place online

Hossam Mounir

Banks implement CBE’s initiative delaying loan instalments for individuals, companies

CBE included microfinance sector in the initiative on Monday

Hossam Mounir

Misr Petroleum launches sanitizers at low prices to counter coronavirus 

Misr Petroleum has priced disinfectants as follows: The Misr Gel sanitizer containing 70% alcohols is priced at EGP 45, size 550 ml.

Mohamed Adel