Latest Business News
Officially…Establishment of first Egyptian company to import cars with low profit margin of 6%
The Nile Car Gate Company for car importation was established on Monday…
Tatweer Misr inks agreement with Orange Egypt to provide triple play services in Fouka Bay
Services expected to be launched by June 2019
COMESA, EU sign €10m facility to support private sector
The business community in COMESA is set to benefit from €10m kitty…
Egypt’s outstanding dollar, euro bonds increase to $23.2bn, €2bn respectively
Maturities of dollar bonds range between 5-30 years, euro bonds between 8-12…
SCB supports SMEs through Nile preneur initiative
Bank to deliver 5 training sessions to entrepreneurs, assist in establishment of…
Digital marketplace noon to expand into Egypt
The Middle East’s homegrown digital marketplace, noon, has announced its imminent expansion…
For first time, CBE instructs banks to protect clients’ rights
Instructions have been in effect since 13 February, banks were given one-year…
Egypt’s gas production increases to 6.8bn scf/day
Domestic market consumption drops to 5.5bn scf/day, says source
AFD allocates €1bn for Egypt during next 5 years
Investments mainly for infrastructure, social cohesion, integration with Africa, says Fabio Grazi
Egypt issues $4bn bonds on international markets
US Fed’s interest rate hike forces Egypt to increase interest on bonds,…