Latest Business News
NBE to increase retail banking portfolio to EGP 43bn by end of June
We aim to transfer the micro-finance portfolio to the retail sector and…
Annual rate of inflation hikes by 29.6%, monthly by 4.3%: CAPMAS
The annual rate of inflation hiked to 29.6% in January compared to…
Dollar falls to its lowest level in two months, settles below EGP 18
Banks see clients disposing USD, further decline in the pipeline, says chairperson…
Palm Jumeirah, Aqaba marked as hot spots for Q1 in 2017: Colliers International
Colliers International, the Commercial Real Estate Leader, marked Palm Jumeirah in the…
NPA, CIB sign MoU for regulating financial services
The cooperation between major economic entities will increase the volume of financial…
Careem launches UNHCR car to collect funds for refugees
Programme will benefit refugees, asylum seekers, and internally displaced persons in MENA
IBM invests $70m to bring digital skills to Africa through Watson platform
IBM, listed in the New York Stock Exchange (NYSE), announced that it…
Unpaid dues to electricity ministry register EGP 1.2bn at end of December
The unpaid dues of business sector companies to the Ministry of Electricity…
Egypt to receive 2nd tranche of AFDB loan within two weeks: AFDB
The government also called for AFDB to finance a sewage plant in…