Latest Business News
CBE allows banks to acquire uncapped stakes in payment companies
Banks to provide full data on the company to which they are…
International confidence in Egyptian economy induced by internal reforms: Hala El-Said
This came in a report of the Ministry of Planning and Economic…
Egypt only MEA country to retain confidence of big credit rating agencies: JP Morgan
Egypt’s Finance Minister Mohamed Maait said the economic reforms that the political…
Suez Canal revenues record $27.2bn in five years
Since start of pandemic, Suez Canal’s revenues have reached $3.3bn
Subscription to Suez Canal Bank’s investment fund reaches EGP 338.7m
The oversubscribed offering raised about EGP 338.7m, representing 136% of the targeted…
Egyptian government explores employment opportunities for repatriated expats
Minister of Trade and Industry Nevine Gamea, and governors of the Red…
Egypt’s net international reserves grow $113m in July to $38.315bn: CBE
Egypt’s international reserves consist of foreign currencies, gold, special drawing rights (SDR),…
Egypt cancels tender to establish 200 MW solar power plant in west Nile
Informed sources told Daily News Egypt that the EETC has already informed…
Alex Co Pharma to launch 2 face mask production lines, offers ethyl alcohol
Company aims to launch four new products during FY 2020/21
EIB, Afreximbank provide €300m in support to Africa’s COVID-19 response
Over 25% of funds dedicated to women in business and climate action
