Latest Business News
Banks continue to curtail US dollar use overseas
Banks are lowering limits of different types of cards and reducing hard…
Would shutting down exchange companies solve the US dollar crisis?
Opponents to the proposal point to the companies’ role in securing hard…
Economic situation is critical, all Egyptians must work together to overcome this ordeal: Al-Sisi
Delaying economic reforms since 1977 was a huge mistake, says the president
Egypt’s steady adoption of IMF programme would provide upside risk: Merrill Lynch
Forward exchange rate is expected to register 11.20 in Q4 2016, says…
MSCI index breaks 910 points for first time in 13 months
MSCI index continued to rise through the past week's trading sessions. The…
Sideways trend dominates Gulf markets in past week’s trading
The Arab Gulf stock markets experienced a sideways trend over the past…
Exchange companies to hold expanded meeting, discuss repercussions of official and popular escalation against them
We are ready to close immediately if this would solve the US…
PBDAC negotiates with SFD to obtain EGP 100m loan: PBDAC chairperson
The loan will finance agricultural industrialisation projects and greenhouses at low cost,…
Edita to establish new EGP 50m factory next year
The new factory will allow Editia to expand its production by providing…
Telecom Egypt revenues increase by 10% during first half of 2016
TE’s retail activity grew by 20%; the company controls 76% of the…