Latest Business News
Government and Maxim Holdings inaugurate EGP 14bn tourism project
Purported to be largest on Northern Coast, project will lie in Sidi…
Egypt received first $500m portion of loan from AfDB: Amer
The CBE awaits the first portion of the loan agreed upon with…
PTA Bank studies financing green-field project in Egypt
The bank recorded a loans portfolio of $2.6bn for projects in Africa…
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