Latest Business News
Banque du Caire aims to inject EGP 2bn into SMEs during 2016: Chairperson
El-Zahid said the bank has been supporting these projects for more than…
320 ships transit Suez Canal with cargo load of 16.4m tonnes in week of 11 to 17 March
The average number of ships that transited the canal per day reached…
UAB, World Bank to conclude study on initiatives to support SMEs
There are serious steps being taken to support SMEs in Egypt, Sudan,…
Nissan to maintain its 24-hour daily shift: chairperson
The company has plans to expand in Egypt but is waiting for…
Prices of food items ‘increased’, minister promises control
Food prices will not increase following dollar rise, Hanafy says
CBE governor claims responsibility for reduction of pound’s value against dollar
In a meeting with the CBE deputy governor and various banking officials,…
6% response to Al-Sisi’s demand to donate to Tahya Masr: Baseera poll
About 1/5 of Egyptians have never heard of the initiative
NBE records EBT of EGP 10.4bn during FY 2014/2015
The bank also achieved a 23% growth in loans granted to small…
CBE’s SME funding initiative met with doubt
The initiative conflicts with other government lending initiatives because of its low…
Egypt to sign petroleum, investment agreements with Saudi Arabia
The agreements to be signed Sunday follow orders from Saudi Arabian King…