Latest Business News
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…
Cabinet sends FY 2016/17 budget to Al-Sisi for approval
Minister of Finance expects 9.9% state budget deficit, 5.2% economic growth
Cabinet reveals plan to borrow EGP 291.25bn from banks in next 3 months
Ministry of Finance reduces term of loans to five-year maximum, cancels seven…