Latest Business News
Amer denies plans to devalue Egyptian pound after its price falls in informal market
While the dollar is scarce, trader's speculation has also driven inflation, says…
German companies to visit Egypt to finalise agreement on automotive imports: EEC head
German companies will assess Egypt’s potential to export automotive components, says Abu…
Temporary rice shortage reveals tenuous balance between food security and government’s drive for profit
The GASC issued a series of calls to tender, moving between local…
German companies seek Egyptian partners in renewable energy: GACIC CEO
The German-Arab Chamber of Industry and Commerce is in talks with Engineering…
Sawiris, Kanoo, IFC sign agreement to acquire shares of AXA Investment Egypt
The parties expect to sign the final contract before 2016's close: Al-Shabrawishi
International purchase of treasury bills falls to lowest since 2011: CBE report
The CBE will institute a hedging mechanism with a unified dollar exchange…
US dollar records EGP 11 in informal market Tuesday: traders
The CBE provides the US dollar to banks in the local market…
CBE revises mechanism of US dollar allocation
The CBE allocated $120m to banks on Tuesday to finance the import…
NBE loans EGP 1bn to 1,734 micro and small-sized enterprises in February, March 2016
The bank provided EGP 23.4bn to 48,000 SMEs through of March 2016
Egypt’s trade deficit declines by 24.9% in January 2016: CAPMAS
Exports fall short by EGP 10.6bn, compared to EGP 32.9bn in imports…