Latest Business News
Egypt’s petroleum products consumption to decrease 5% in winter
The deficit between production and consumption decreased to 3.8% in 2019/20, says…
Winners and losers of CBE’s interest rate cut
Government, investors, and EGX are the most beneficiaries from the decision, while…
British tourism companies to visit Sharm El-Sheikh in December: S. Sinai Governor
Sharm El-Sheikh to host global conference for health tourism on 25 March…
New US ambassador to Egypt Jonathan Cohen in office
Ambassador presented his credentials at the Ministry of Foreign Affairs on Sunday
Student enrolment in higher education increase by 4% during 2018/2019: CAPMAS
CAPMAS also stated that the rate of enrollment in university education in…
Credit Agricole reports EGP 1.8bn profit in 9M of 2019
The deposit portfolio stood at EGP 41.1bn, while the loan-to-deposit ratio was…
Forbes lists CIB among the top 500 companies in the world
The bank ranked 90th in the world this year, based on 1.4…
Telecom Egypt achieves revenues of EGP 19bn in 9M 2019
Net profit recorded a decline of 8% compared to the same period…
The first JWF to kick off in November
JWF is targeting more than 2000 visitors during the current session, focusing…
Egypt’s government debt to GDP declines to 88.4% in 2Q 2019: IIF
State’s household debt to GDP remains unchanged at 7.1% in 2Q of…