Latest Business News
Finance Ministry issues factoring activities to increase companies’ liquidity
Minister of Finance Amr Al-Garhi issued a decision to add factoring activities…
Jumia Egypt celebrates 1m customers on 4th Anniversary
In the past four years, Jumia says it has reached its milestones…
Industry ministry bans rice exports starting 4 April
The ministry is coordinating with all ministries to tighten restrictions on all…
Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016
Net inflows of foreign direct investment in Egypt rose from $ 2.6bn…
69% of real estate professionals confident in market growth
Investors and real estate professionals have much to be optimistic about
Congo formalises Afreximbank membership to boost intra-African trade
In 2013, Afreximbank had disbursed over $ 220m to Congolese entities, says…
EGP 2.5bn syndicated loan to Majid Al Futtaim
Alex Bank and the National Bank of Abu Dhabi will act as…
Banque Misr inaugurates regional headquarters and new branch in Dubai, UAE
Chairman of Banque Misr Mohamed El Atriby inaugurated the Dubai branch and…
Telecom Egypt reshapes its board of directors, chooses its executives
Maged Osman resigned from Orange, possibility he will be appointed as chairman of board…