Latest Business News
Banks tend to maintain interest rates unchanged despite CBE’s 2% hike
Government banks offer highest return on savings in the local market and…
Raising interest rates shakes markets, disturbs business community
Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn
Interest rate hike takes toll on Egyptian stocks
EGX 30 falls 2.52% during heavy trading, foreign investors buy
Prime minister opens “Ahlan Ramadan” fair, 200 companies participate
The number of fairs that provide food around Egypt during Ramadan is…
EGBANK signs $20m loan agreement to finance SMEs
The European Investment Bank is to finance the loan that will be…
SECON to inject EGP 4bn in project in New Administrative Capital
SECON also signed 5 construction contracts to construct 21 residential buildings in…
Number of docked vessels in Damietta Port declined by 6.9% in March
Exports grew by 33%, supported by sand, methanol, and salt
Struggling Cathay Pacific cuts 600 jobs
Hong Kong airline Cathay Pacific has announced that it's laying off 600…
Is an interest rate change on the horizon?
For nine years, interest rates have fallen and the European Central Bank…
Ford fires CEO Fields over performance
The American carmaker giant has replaced chief executive Mark Fields. It's a…