Latest Business News
IMF wants ‘rainy day fund’ for eurozone
The International Monetary Fund has encouraged eurozone leaders to set up a…
ECA acquits cement companies of unjustified price increase claims
Average operating profit margin in 2017 dropped to 6%, down from 19%…
Egypt to inaugurate Grand Egyptian Museum in H2 2018
We received new $450m loan from Japan to complete museum, Tawfik says
Are frontier markets a calculated risk?
The perception of frontier and small emerging capital markets as too small,…
El Mostakbal, Al Ahly Real Estate Development seal agreement with NBE for City of Odyssia
NBE will manage project accounts, arrange financing needs, says bank’s vice president
CBE directs banks to stop granting credit facilities to medium companies within 12% initiative
Banks exhausted EGP 10bn allocated by CBE as part of initiative, says…
IFC does not yet wish to sell its stake in AlexBank
International Finance Corporation (IFC), the World Bank Group's investment arm, has shown…
B Investments IPO oversubscribed 54 times one hour before closure
Share price at EGP 10.78, with 19% expected return, Mubasher Trade says
