Latest Business News
Streamlining operating costs leads to 65% profit increase for Arafa Holdings
Manufacturing of textiles was disproportionally affected by the slide against the US…
CBE to present 3-month report of SME financing initiative to parliament
The financing initiative does not include micro-projects and Negm did not give…
Mobile subscriptions post minor growth while internet users grow to 33.2m in February
Ministry records a 30% growth rate in mobile phone internet users
Egypt’s electronic payment market ranks third largest in Arab region
The Arab market grew by 23.3% and the market reached $5.1bn in…
Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE
Industry at forefront of economic sectors funded by banks followed by services,…
4.3% increase in Egyptian families using computers in 2015: CAPMAS
21.9% increase in internet use at home
CBE provides $120m to cover pharmaceutical product import requests
The CBE called banks to cover their customers' requests with the US…
WD counts on cloud computing services, information security to support its growth domestically
The company acquires 46% of the global hard drive market
Declining purchasing power diminishes mobile phone sales by 30%
We cut down our marketing budget by 70% to support the difference…
EGAS to rent gasification ship located in Jordan with 500m cubic feet capacity
Gas line with Amman to re-open this summer, importing 200m cubic feet…
