Latest Business News
CBE sells banks $500m to insure strategic imports of food commodities and medicine
The CBE conducted the sale at an exchange rate of EGP 7.73…
Samsung begin plan to launch smart home appliances in Egypt
Samsung Forum 2016 revealed SUHD TVs and TabPro S
Housing Ministry invests EGP 1.5bn for facilities in New El Alamein lands
The Arab Contractors Company and Mokhtar Ibrahim will install the facilities in…
Banking representatives gather in Khartoum for financial inclusion forum
Funding provided to SMEs, risk management departments, inclusive technology among forum's principal…
As accusations mount, bankers deny overlooking contracting sector
NBE directs approximately EGP 34bn to this sector, or 15% of the…
Faisal Islamic Bank of Egypt to focus on MSMEs in new lending policy
The bank has presented a plan to the CBE to increase the…
MSCI Index posts daily gains
The index opened at 740.02 and continued to increase until it reached…
SMPP to start operating Motaheda Carton Factory in September with 130,000 tonne capacity
Company loaned EGP142m from AAIB. Total loans to finance factory's construction amount…
Emirates NBD grants Global Lease EGP 50m loan
Loan to increase company's total investment obtained from debt to EGP 750m,…
Mubasher to launch new package of portfolios to expand customer base
New package includes long-term portfolios dedicated to pensioners, health, education purposes, and…