Latest Business News
Raya Holding acquires Lazah for EGP 80m
Deal included 5 million shares worth EGP 66.8m
Decline in number of docked ships at Damietta port in February
5.8% increase in the volume of traded goods, while sand and salt…
Export subsidies in coming FY to be kept at $2.6bn
Allocations for health budget amount to EGP 103bn, scientific research at EGP…
Egypt’s foreign debt jumps by $19.5bn in 2016
Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…
CBE resolves issue of temporary facilities obtained in foreign currency: Negm
Companies that owe more than $5m to banks will pay a 3.62%…
MNHD completes development studies of new commercial zone within 6 months
The registration of certificates of deposit in London Stock Exchange will be…
EGX rose to 5% at end of Q1 2017
New IPOs and interest rate cuts are motives to continue the positive…
Hermes leads quarterly ranking of brokerage firms
Naeem Brokerage, Mubasher International, and Arabeya Online Securities return to top-10 list…
“Blom Egypt for Financial Investments” starts its activities in May
The paid capital of the company amounts to EGP 10.25m and the…
BLOM Egypt targets growth rate of 15% in all indicators by end of 2017
EGP 400m injected in bank’s capital to reach EGP 1.7bn financed by…