Latest Business News
45.7% y-o-y increase in Alex Cont’s net profit during 11 months of FY2017
The average revenue per container increased by 3.1% on a monthly basis,…
Nigeria removes ban on Egypt’s furniture
Egypt’s furniture exports amounted to $107m in the first 4 months of…
GE signs $575m agreement to develop railway infrastructure in Egypt
The company will supply 100 locomotives and 15-year parts agreement to support…
Planning and Budget Committee to submit FY 2017-18 budget report to parliament’s secretariat
The government will increase education allocations by EGP 20bn and higher education…
Ashraf Salman launches AUR Capital to invest EGP 22bn in 5 years
The new company will hunt for opportunities only in the Egyptian market
CBE to remove dollar deposit limits over upcoming months: IMF
The fund’s board votes on the Egyptian economy’s first review within weeks
Banque Misr arranges loans worth EGP 55.1bn in 2016
The bank won the “Best Africa Project Finance House” award for 2016…
United Bank signs MoU with EBRD to support SMEs
The rehabilitation of local SMEs for global competition is the real hope…
Lifting foreign exchange transfer constraints is a new message from CBE that Egypt overcame foreign currency crisis: experts
The decision boosts confidence in the Egyptian economy, contributes to attracting more…