Latest Business News
Egyptian society greatly dependent on cash dealings: Visa Egypt Chairman
Reliance on smart cards will significantly contribute to the development of the…
Social reform and reduced deficit highlight reform programme in one of parliament’s first measures: Ismail
Agreements totalling 4.5bn with WB and African Development Bank bolster tentative reform…
Germans still hoarding old Deutschmarks, as central bank issues reminder
You can trade them in for legal tender, but Germans still hold…
The good and bad of China’s economy in 2015
The Chinese economy this year has been marked by slackening growth and…
Ministry of Industry decreases nitrogen fertilisers export fees to EGP 50
The decree aims at achieving balance in the fertilisers market in Egypt…
CBE to raise interest rate by 50 bps
In its meeting held on Thursday, the Monetary Policy Committee (MPC) of…
Afreximbank provides $500m to support Egyptian exports to African countries: Industry Minister
The current funding value may be increased to $ 1bn, says Afreximbank…
State, CBE, target macroeconomic stability in new programme
The Monetary Policy Committee raised the rate of the CBE’s main operation…
EIB provides €200m for Egypt’s third metro line: Cooperation Minister
It is expected that all stages of the third line of the…
Combination agreement between CF Industries and OCI amended
The proposed combination remains subject to approval by the shareholders of CF…