Latest Business News
Digital products and technology company, A15, launches in Egypt
Our business is valued at $100m and we are considering investing in…
Lift Slab board approves capital increase, new activity
The EGP 43m increase will be distributed in 4.3m shares with a…
$63.27bn worth of international trade between Egypt and world in 9 months: CBE
The US and China are Egypt’s largest trading partners, the UAE is…
Ownership of NCGC to be transferred to Holding Company for Cotton Spinning and Weaving
Privatisation of the Nile Cotton Ginning Company (NCGC) was halted by the…
World Bank funds sewage projects in Egypt for $1.1bn: Cabinet
The fund will serve 155 villages and will be provided in two…
Schneider Electric aims to double growth within next 5 years: Executive VP
Company is following government’s master plan, which is investing in renewable energy,…
Presidency seeks to convert Long live Egypt Fund to EGP 100bn fund
Government consultancy offices offered to implement Suez Canal, renewable energy projects to…
United Bank seeks new, strong banking entity: Abdel Hamed
The bank aims to finalise bad debts portfolio, spread its branches and…
Banque Misr achieves new milestone in electronic payments
Banque Misr allows companies to pay their due payments to the government…
Vital incentives to encourage foreigners to invest in governmental debt instruments: El-Kosayer
According to CBE, foreign investors were the second largest investors in Egyptian…