Latest Business News
US dollar price increases in mid-Sunday trading to EGP 16.5
The price of the US dollar increased in the five major banks…
Passing incremental income tax law hinders investments: MPs
Egypt is suffering from a lack of tax discipline, increasing rates creates…
UPDATE: Interest rate on New Suez Canal investment certificates increases to 15.5%
This move is necessary, but investing in projects to increase exports is…
Minimal trading among banks on first day of inter bank mechanism
The trading of US dollar among banks on the first day of…
EGX jumps by 6.1% during Sunday’s trading
The Egyptian Exchange (EGX) recorded the highest daily rise in trading in…
Banque Misr, CIB amend spending limits on cards abroad
Banque Misr and the Commercial International Bank (CIB) decided to amend the…
Fuel subsidy cost to increase to EGP 64bn following pound’s flotation: Petroleum Minister
The cost of the petroleum product subsidies will increase to EGP 64bn…
Emirates NBD-Egypt aims to increase SME portfolio to 10% by end of 2017, 20% by end of 2019
Bank launches special unit to provide technical, financial support to SMEs, supports…
Sharm El-Sheikh, Hurghada hotels revenues decline: Colliers International
Colliers International, The Commercial Real Estate Leader published its 3-month rolling forecast…
US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation
Sunday marks the first day of the Egyptian pound’s complete flotation in…