Latest Business News
Egypt’s PM restricts selling prices of free-market bread
Free-market bread is sold outside the state’s subsidised food card system.
EGX main winner of US dollar appreciation
Research from Prime Securities said that banks are on top of the…
CBE raises interest rate by 1% in exceptional meeting, Egyptian pound declines significantly
The CBE believes in the importance of exchange rate resilience to absorb…
Egypt’s Al-Sisi discusses draft budget for FY 2022/23
Al-Sisi directs government to prepare social protection measures to mitigate effects of…
US dollar exchange increases EGP 1.75 against backdrop of interest rise
Greenback records EGP 17.4 for purchase and EGP 17.5 for sale at…
NBE, Banque Misr offer one-year 18% saving certificates
Yehia Abou El-Fotouh, Vice Chairperson of the NBE, said the bank’s new…
Egypt’s Monetary Policy Committee increases key policy rates by 1% in extraordinary meeting
Objective of raising policy rates is to anchor inflation expectations, contain effects…
Brmaja acquires 70% of Wellness Plus mental health platform
Brmaja Innovation owns 70% of the new entity, where the platform will…
Al-Mashat visits Assiut to follow up on sustainable development efforts
To map out SDG progress and achieve communication for development (C4D) goals,…
ESCWA honours ITI for the excellence of its ‘Maharah Tech’ training platform.
The Maharah Tech platform was chosen as one of the best projects…