Latest Business News
COLNN closes a SEED round of $100K from EdVentures
COLNN’s services include web cloud-based solutions to schools and an integrated mobile…
Hero MEA establishes solar power station to ration electricity consumption
Corporation invested about 75% of project’s total cost, says Bazan
NBE SME’s portfolio reaches EGP 65bn end-June
Bank opens 1st specialised centres in business development services in Al-Yasmeen branch
Banks’ credit facilities see EGP 242.6bn rise in 10 months: CBE
Deposits up by EGP 1bn only as non-governmental deposits drop
Government debt to GDP in Egypt declines to 91% in Q1 of 2019 y-o-y: IIF
The state’s household debt to the GDP slightly decreased to 7.2% in…
Transport Minister meets US Chargé d’Affaires in Cairo on improving transport sector
Officials of the ministry and the head of Egyptian National Railways also…
Electricity Ministry to launch solar projects under auction scheme in Zaafarana
The New and Renewable Energy Authority (NREA) has restored the land plots…
Foreign investments in Egyptian T-bills up by EGP 10.8bn in May 2019
Foreign investment in T-Bills reached about $11bn before 25 January 2011, but…
Egypt’s GDP growth shifting from historical consumption drivers to investment, net exports: WB
Egypt’s GDP grew robustly by 5.3% in FY 2017/18 compared to 4.2%…
EGPC forecasted net profit fell to EGP 21.4bn in FY 2019/20, down 30%
Profit targets were set based on minimum oil, gas production, say sources