Latest Business News
NUCA’s investment plan increases to EGP 90bn in FY 2019/20
Authority receives 3,000 requests to obtain lands through market orientation mechanism, of…
Slashing interest rate protects real estate industry from COVID-19
CBE’s decision to cut interest rate by 3% is a very proactive…
saib aims to achieve 200% growth in net profit year-end: chairperson
Bank has 1.31% market share of total loans, 1.47% deposit market share:…
COVID-19 to slash at least 1.5% off global growth this year: Focus Economics
The coronavirus has spurred fears of a global recession. According to Focus…
Coronavirus postpones IPOs of Banque du Caire, TAQA Arabia
Sukuk, securitisation issues take the lead, especially as interest rates drop
Banque Misr, NBE to offer electronically saving certificates with 15% yield
To ensure safety of customers, employees, new certificates to be available only…
CBE increases daily ATM withdrawal limits to EGP 30k, EGP 40k for individuals, companies respectively
The CBE added that issuing the prepaid cards to citizens will be…
COVID-19 to halve global GDP growth to 1.3% in 2020: Fitch
Oil prices to reach $41 a barrel in 2020, $48 next year,…
Will EGX rally on NBE, Banque Misr EGP 3bn package continue, or will it be short-lived?
EGX30 down 17.7% last week despite Thursday's session 5% increase
Summit Technology Solutions implements remote work system for number of clients to combat Coronavirus
STS was able to provide its customers with free use of the…