Latest Business News
Taxi drivers intend to submit request to cabinet to increase tariff
The Taxi Drivers and Owners Association intends to submit an official letter…
Cairo Metro addresses cabinet, again, to increase ticket price to EGP 2
Parliament summon heads of Cairo Metro and Egyptian National Railways to review…
Egyptian pound flotation is a historic decision: bank leaders
Raising interest was important to protect citizens' savings and to face expected…
Social protection measures will be taken after raising fuel prices, floating the Egyptian pound: Prime Minister
The number of Takaful and Karama beneficiaries was boosted to 1.7 million…
Some banks raise interest on savings vessels after CBE decision, public banks to follow suit
Some banks operating in the local market have quickly raised the interest…
Pound flotation, increase in energy prices to revive Egypt’s economy: World Bank
The World Bank said on Saturday that the liberalisation of the Egyptian…
3 factors determine effectiveness of flotation in boosting acquisition assessments, offerings to foreign investors
Egyptian companies’ ability to pass the price increase to consumers and banks’…
Eastern Company for Tobacco proposes to Philip Morris purchasing tobacco for late revenues worth $35m
Eastern Company to hold meeting within two weeks with Philip Morris to…
Banks looking forward to returns on debt instruments following Egyptian pound’s flotation, raising interest by 3%
The average return on initial treasury bills increased by 3.6% and exceeded…
Banks confused over US dollar pricing during first 3 days after flotation
Chaos is normal since this is the first time for Egypt, but…