Latest Business News
Xpress Money witnessed double-digit growth in 2016 as remittance corridors from the GCC stayed strong
Xpress Money for money transfer services witnessed a 12% growth in its…
Flotation, high lending interest rate, VAT negatively affect real estate investment activity: FEDCOC
Alaa Fekry, member of the Real Estate Investment Division at the Federation…
Internet users increase by 8.8% in October 2016
Mobile, ADSL subscribers increase significantly
Ministry of Electricity presents new and renewable energy projects situation to cabinet
Companies call for amending feed-in tariff, reducing land use by 1%, abolishing…
Beltone Financial holds Cairo Investment Conference to attract foreign investment to Egypt
Egyptian government, 50 international investment funds with over $4tn in AUM set…
Programme to challenge tax evasion on a global level under establishment: deputy minister of finance
The programme includes measures to combat base erosion and profit shifting, based…
GE signs agreements to boost Iraqi power infrastructure
The agreements promise to supply the Iraqi national electricity grid with over…
NBE, Banque Misr grant EGP 10bn in loans to SMEs in January
Banque Misr is considering pumping new loans worth EGP 1bn into the…
Premiere to serve as financial advisor for establishment of iron, steel plant in Dubai with investments of $400m
The plant's output will reach 500,000 tonnes per year
Banque Misr – Pharos alliance suggests 3 scenarios for EFIC expansion
Scenarios include selling 100% of SCFP, increasing capital, offering 40% of shares,…