Latest Business News
Egypt pays EGP 6bn in export subsidy arrears for FY 2019/20
Additional EGP 7bn allocated to support Egypt’s exports in FY 2020/21 budget,…
Egyptian exports to US increase 27.5% in 2019: CAPMAS
Egyptian exports to US equivalent to 7.2% of Egypt's total exports in…
Egypt reports strong cement sales recovery in June
June’s improvement follows on from one of the lowest monthly sales run…
HHD presents new land development plan to government
HHD, SODIC in negotiations to reschedule payment of minimum guarantee on New…
German FM welcomes extension of EU summit on COVID-19 crisis package
The necessary extension of EU summit also showed that "enormous efforts" were…
Raya Holding approves NBE acquisition offer for Aman minority stake
NBE to acquire 24% in two months, says Khalil
CFCM, Premium Card to offer shoppers 0% interest instalment programme
According to the new venture, scheduled to be launched by mid-August, Premium…
Trilateral cooperation protocol to develop New Valley’s irrigation systems
The tripartite cooperation will see the conversion from the currently used flood…
New facilities to remove levy on taxpayers’ bank accounts: CBE
This is applicable on natural or legal persons regardless of their activity.…
Cairo’s real estate market remains stable despite pandemic in Q2 of 2020
Egyptian government continues to support sectors most impacted by pandemic, with initiatives…