Latest Business News
Coordinating Council to discuss raising foreign deposit limit for companies
During its extraordinary meeting, council will review programme to support economy that…
EGX agrees to extend Al Salam Group’s listing period to May
Company seeks to obtain approvals from the Kuwaiti Capital Market Authority to…
Bank Audi Egypt plans to pump EGP 8bn into different economic sectors in 2016
The bank is set to sign a loan agreement with the EBRD…
NBE arranged 17 syndicated loans valued at EGP 65bn in 2015: Deputy Chairman
Electricity sector accounted for EGP 30.8bn; 14.8bn for petroleum; 9.45bn for construction;…
Banque Misr adds new branch to its network
The new branch adds to the bank’s network of over 500 branches
Government sought to decrease $60bn bill by ‘banning luxurious products’
Around $26bn of Egyptian imports are categorised as “essential”
GCC States approaching towards tax reforms: Deloitte
Saudi Arabia is committed to BEPS initiative and OECD action plan
CBE postpones decision regarding EGP interest rate to negotiate with coordination council
The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…
Importers believe Industry Minister’s decree violates WTO agreements
Decree aims to circumvent the laws and is not fair to importers,…
EGP 3.82bn in investments for electricity distribution networks in 2016
A source at the company said electricity distribution companies need 79 medium-voltage…
