Latest Business News
High demand pushes Careem Egypt to amend price of service
Additional costs will be fully given to Careem drivers “to encourage them”…
Gulf’s markets post an average 3% increase
The slightest increase in the Gulf’s stock markets was recorded in the…
298 ships traverse Suez Canal in 1 week
The ships had a cumulative cargo load of 18.4m tonnes
EGX-30 expected to range between 5,900 and 6,200
Investors still wait for positive news to return to their purchasing behaviour
NBE targets EGP 65bn SMEs loans portfolio by end of 2020: Deputy Chairman
Bank invested $1.5bn to support importers, China Development Bank received entirety of…
SODIC and Heliopolis Housing sign Contract for Co-development of 655 acres in New Heliopolis
Minimum guaranteed revenues are estimated at approximately EGP 5.01bn to be paid…
Visa to open office in Côte d’Ivoire to accelerate digital Payments
The office will facilitate engagement with key stakeholders in the region
Sahl Hasheesh invests in build-out of value-added components
Room rates have pushed through pre-revolution levels but occupancy is still struggling,…
$56m increase in foreign exchange reserves at end of February: CBE
The Central Bank of Egypt (CBE) revealed Thursday the balance of foreign…