Latest Business News
Exports register a 17.3% YoY decline
Next year will be the beginning of “breakthrough” for exports’ rates, says…
HDB opens new branch, adopts tourism promotion initiative
Chairman of the Housing and Development Bank (HDB) Fathy El-Sebai recently inaugurated…
Maximum wage law provokes concern in public telecoms sector
Have caps on wage earnings hurt the public sector or are other…
Egypt and Israel: Tensions over natural gas supplies
Egypt seeks recourse to Swiss appealate courts to avoid paying compensation to…
Intel awards $20,000 to youth innovators
Zoomaal launches new initiative "Arab innovation is back" for funding Arab region…
Cisco to build NBE’s modern generation of secured data centres
The National Bank of Egypt (NBE) employed the international telecommunication company Cisco…
Fitch affirms Egypt’s ‘B’ rating, Dimian responds that economy is ‘resilient’
Introduction of VAT has been delayed, according to agency
321 ships transited Suez Canal from 11-17 December
Revenues declined to $408.4m in November compared to $449.2m in October
Amer informs Ministry of Finance of banks’ rejection of VAT
A high-level meeting was held between Ministry of Finance and CBE to…
EGP 1.8bn increase in Barclays Egypt bank loans in 9 months
Clients’ loans in Barclays Egypt increased by EGP 1.8bn during the first…