Latest Business News
Outstanding balance of treasury bonds at EGP 614.19bn by end of August: Ministry of Finance
These bonds were introduced during the period 15 November 2005 to 11…
ADIB Capital to arrange to loan EGPC over $100m
The loan will be used in financing the imported petroleum shipments the…
Bank Audi-Egypt considers granting loans worth more than EGP 7bn: Fayed
Plans to increase bank's share in Egyptian market and open 7 new…
Qalaa Holdings in negotiations to exit Sphinx Direct Investment
The structure of the deal depends on swapping Sphinx stock's for shares…
Banque Misr completes requirement steps of FATCA
The bank added that its branches in both the UAE and France…
Nigeria: Corruption scares off companies
The Dutch company Brunel no longer wants to do business in Nigeria.…
Will banks fund state budget deficit or development projects?
The CBE could help banks do both if provided with sufficient liquidity,…
Banks are ready to finance development projects: Metwally
Optimism about future is based on existence of determined administration to change…
Oil supply forecast to shrink next year
Cheap oil prices have been massively affecting global markets, from countries' budgets…
Global Lease in talks with 4 banks to acquire EGP 600m: Managing Director
Plans to double issued capital to EGP 100m by H1 of 2016