Latest Business News
Central Bank of Egypt reveals market performance indicators in September 2020
Customer deposits break EGP 5trn mark for first time in local market
HSBC launches its first cashback credit card in Egypt
Product is tailored to evolving needs of its Egyptian cardholders: Visa Country…
Mashreq Bank – Egypt launches ‘Turbo Loan’ for businesspeople, self-employed
New product ensures quick credit approvals within 48 hours, with credit limit…
Housing and Development Bank records 96% growth in retail loans in 2020
Bank also reports 380% and 20% increase in auto loans and customer…
ABE makes notable contribution to sector revival, countryside development: Chairperson
Bank sees huge increase in loan portfolio to EGP 44.5bn in 2020,…
IMF, Madagascar agree on $320m Extended Credit Facility Arrangement
The economy of Madagascar has been severely impacted by the Covid-19 pandemic.…
Egypt completes 831-km-long canal lining, rehabilitation worth EGP 3bn: Planning Minister
Egypt’s Minister of Planning and Economic Development Hala El-Said has announced the…
Holding Co. for Tourism, Hotels’ net profits decline 49% to EGP 501m in FY 2019/20
State’s share of HOTAC’s profits amount to EGP 71.8m
Egypt, UN Coordinator discuss future cooperation framework
Low unemployment, poverty rates in Egypt tells story of ‘successful and continuous’…
Logistics centres in Dekheila and Port Tawfik to open by March end: Maait
New ports of Ismailia and Safaga to open before end of June