Latest Business News
Government raises prices of medicine under EGP 30 by 20%
Pharmaceutical companies have demanded the government increase the prices of medicine after…
Council to coordinate between CBE, Finance Ministry to legalise informal sector
Bylaws to govern the agricultural SEs to be issued within days
CIB targets to increase number of SME customers to 80,000 in 4 years
The bank finances these projects by providing EGP 50,000 to EGP 25m,…
Lack of financing hinders SMEs in Egypt
The lack of a unified body responsible for this sector is the…
Parliament’s economic committee to discuss AMF’s loan on Tuesday
The loan is worth $243m with an interest rate of 1.2% and…
Combating fraud: Visa working to ensure safe transactions for cardholders
Visa has analysed and risk scored more than 112bn transactions annually, says…
2.5m SMEs in Egypt providing 75% of jobs: EBI executive
We face great economic challenges and the solution lies in supporting these…
EFSA postpones its decision in Beltone-CI Capital acquisition deal, pending resolutions on CIB case and Sawiris violation
EFSA is only concerned about the violations that require reconciliation or resorting…
50% increase in prices of second-hand cars
Cars in EGP 60,000 to EGP 90,000 price range are in most…
MINI launches its new convertible at EGP 450,000
The MINI Convertible’s engine is equipped with a turbo air charger of…