Outstanding balance of treasury bonds at EGP 685.81bn by December 2015: Finance Ministry
The ministry said in a recent report exclusively published by Daily News…
ERC shareholders paid 7.5% of EGPC share in establishing new refining lab
A senior official at the ERC told Daily News Egypt that the…
Capital increase to be proposed for public sector companies through EGX in 3 months
Twenty-one African investment commissions are set to offer investment opportunities in five…
Non-performing loans fell to 7.2% of total by end of September 2015: CBE
CBE issued its Financial Soundness Indicators report, where the loans-to-deposits ratio increased…
CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly
Decision applies only to companies to facilitate import operations of main and…
Oil prices trend to continue in 2016: Jadwa Investment
Company lowered its forecast for oil prices throughout 2016 to $43 per…
Egypt committed to reforms, sustainable stability, growth: Afreximbank Chairman
Bank earmarked between $50-100m as initial funding for local banks and factoring…
Passenger car sales amount to EGP 30.6bn over 11 months
Proton was the least selling car brand in 2015, having sold only…
Emgrand 7 maintains its lead among Chinese cars with reported sales of 5,543 cars
Chinese brands sold 12,300 cars, acquiring 6.8% of the total market.
Renault Logan leads European sales
The Renault Logan maintained its place atop the best-selling list in Egypt,…