Latest Business News
CIBC leads brokerage ranking in October with 9.7% market share
EgyTrend Brokerage advances 123 places to fourth, with market share of 4.7%
HDB takes part in EGP 650m syndicated loan to finance Borg El-Arab pharmaceutical plant
The alliance also includes the Export Development Bank of Egypt (EBE), Egyptian…
GB Auto’s Rseedy obtains first e-wallet licence in Egypt
The entity will work in cooperation with saib Bank, with an announcement…
Net foreign assets of Egypt’s banking sector up EGP 51.958bn in September
This came in addition to the decrease in the volume of foreign…
Local-currency bank deposits increase EGP 88.589bn in September: CBE
In a recent report, the CBE stated that demand deposits in local…
Road technology can improve Egypt’s traffic safety: EJB Representative
Makhlouf, who is also CEO of BOOST Consulting Company, also said that…
COVID-19 has cost tourist destinations 3x more than 2008 financial crisis: IIF
In its latest report on tourism, in which it made use of…
Egypt’s Tourism Minister, CDWS discuss cooperation in marine recreation activities
The cooperation will look to develop Egypt’s diving and marine activities, in…
Finance Ministry to issue EGP 196.5bn worth T-bill, bond tenders in November
The offering comprises 16 tenders for T-bills worth EGP 158bn, and 10…
EBRD grants Banque du Caire $50m loan to support MSMEs
The loan will assist the Egyptian bank in developing its MSME lending…
