Latest Business News
Banque du Caire leads banking alliance to raise €150m for financing MDF factory
The factory is being built in Idku, Beheira, with a production capacity…
Banking, agriculture, manufacturing, logistics to drive Italian businesses in Egypt next year: CISE
Italian investments in Egypt to be doubled next year to €3.2bn, says…
HDB’s NIAT increases to EGP 1.521bn in 9M of 2019: chairperson
These profits came despite the challenges that the banking sector has faced…
Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019
Bank’s credit facilities declined by EGP 31.7bn in three months to EGP…
HC expects CBE to cut interest 0.5% during its next meeting on 26 December
We expect annual inflation to rise in December to 7.3%, which is…
Parliament to discuss local councils draft law after years of delay
New local councils are expected to be elected next February
Eni finishes gas production test of Zohr field’s last well
The project’s total production capacity will increase to 3.2bn scf/day next April,…
Egypt continues to lead growth in MENA in 2020: IIF
Region needs to pursue deeper reforms to strengthen business climate, improve competitiveness,…
CI Capital expects Egypt’s FDIs to reach $7.4bn in FY20
The CBE is speculated to pump 50% of the expected liquidity during…
CIB leads EGX recovery
Expectations of continuing increase at 14,350-14,500 levels during this week: El Rawy
