Latest Business News
What do leaders of Arab banks in Egypt say about the Egyptian market?
Reports by global institutions stress that Egypt has made noticeable progress over…
Heads of banks explain Arab, foreign banks’ attraction to Egyptian market
Egypt is a promising market and has very few bank accounts compared…
UBF to host 4th Middle East Banking Forum on Monday
The forum is held in cooperation with Financial Times Live, The Banker,…
IMF approves $12bn loan: what’s next for Egypt’s economic reform programme?
These reforms aren’t easy but they will unleash the potential of Egypt’s…
$500m negotiations with Indonesia indicate Egypt not seeking finance from Gulf countries: expert
In order to finance its budget deficit, the Egyptian government is negotiating…
Government reaches settlement with ArcelorMittal to avoid paying $600m in compensation
The Egyptian government, represented in the chairperson of the Industrial Development Authority…
NREA to offer tender for solar plant in Kom Ombo, operations to start next year
The French Development Agency is financing the project with €40m
Egypt successfully secures $12bn IMF loan, to be repaid over 10 years at interest rate of 1-1.5%
The economic reform programme is by the Egyptian government for the Egyptian…
Blom Bank enters asset management sector through ‘Blom Egypt for Financial Investments’
The bank works to complete the procedures for establishing the new company…