Latest Business News
48.6% increase in tourist arrivals in March: CAPMAS
Nearly 50% increase of nights spent, 30.9% increase in Arab tourists visiting…
Australian mining magnate to donate chunk of his fortune
Andrew Forrest, founder and chairman of iron ore giant Fortescue Metals Group,…
Investment funds lose 3.3% of their assets during first quarter
The second quarter may see a resurgence of fund assets growth
Beltone continues as top management company by end of first quarter, Al-Ahly in close second
We aim to raise value of managed assets to EGP 9bn before…
Pound flotation posed challenges for banks’ financial positions in 2016: Business News Index
SAIB, Audi, NBE recorded the lowest ratios of unregulated loans portfolios
Banks offering e-services have best retail banking: Business News index
Limited growth in retail banking portfolios of major banks due to the…
CBE raises interest rate 2%, defying all predictions
Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight…
Electricity Ministry to contract with Siemens wind farms to lower KW tariff
Company offered 5.3 Euro cents per KW/h; ministry demands similar price to…
Bright Star military maneuvers to return before year’s end: US ambassador to Egypt
US delegation to visit Egypt next month to discuss Libyan crisis
Outstanding balance of treasury bonds reaches EGP 690.07bn at end of April
Size of international bonds stabilizes at $11.5bn, government aims to issue more…