Latest Business News
Egypt’s microfinance market grows by over 100% y-o-y: EFG Finance Holding CEO
Cash comes at high cost of 1-1.5% of GDP, so going cashless…
Housing Ministry targets construction of 40,000 housing units at NAC end-June 2020
The Minister of Housing, Utilities and Urban Communities, Assem El Gazzar, said…
Finance Ministry provides EGP 10.2bn as urgent allocations in different sectors
The Minister of Finance, Mohamed Moeit, approved on Tuesday EGP 10.2bn as…
CBE imposes sanctions on 28 currency exchange companies in 2018
Procedure came as result of violations to CBE’s regulations, conditions
Attijariwafa Bank, Global Lease sign SME support protocol
Attijariwafa Bank Egypt and Global Lease Company have signed a joint protocol…
AfDB, Egypt continue discussions on establishment of guarantee investment fund
Bank’s mission will conclude its visit with authorities on Thursday
Government considers issuance of financial guarantee for Hamrawein coal-fired electricity plant
Finance Ministry to meet with officials from CDB next month, signing will…
CBE approves issuing EGP 870.3m worth ‘Aman’ certificates
NBE, Banque Misr, Banque du Caire, ABE started offering certificates in March…
Egypt’s non-oil private sector’s activity decline to lowest point since September 2017
Country's non-oil private sector activity declined to 48.2 in February, down from…
New wharfs enter into force at SCZone
East Port Said Port receives first ship