Latest Business News
EEHC to start repaying loans for Siemens plants to German banks in December
First batch ranges from €100-150m after commercial operation, say sources
China clamps down on tax evasion in film industry
Chinese authorities have issued new rules to make it harder for movie…
Exploration drilling in Nour field begins in September
A source at the Ministry of Petroleum said that the Italian company…
CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals
Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…
IFC, Financial Regulatory Authority begin consultations on green bond guidelines in Egypt
The IFC has been assisting the FRA in formulating draft guidelines for…
Egypt, France sign MoU for investment cooperation
AFD agrees to provide €60m in funding for social protection, in addition…
Trump’s tariffs: When does a trade spat become an actual trade war?
Despite reciprocal tariffs being imposed by the US, China and the EU,…
CBE to launch innovation support fund worth EGP 1bn in H1 2019: CBE deputy governor
Banks injected EGP 85bn to fund SMEs within CBE’s initiative thus far,…
5% decrease in 92-octane petrol consumption at Misr Petroleum since price hikes
92-octane petrol consumption rates declined 5% at Misr Petroleum during the two…
EGAS organises workshop to support natural gas delivery teams for homes
The Egyptian Natural Gas Holding Company (EGAS) organised a workshop to support…