Latest Business News
World Bank agrees on $3bn loan to support Egypt’s economic development
World Bank (WB) agreed to give Egypt a $3bn loan to support…
Coordinating council for monetary policies held its first meeting
Council reviewed current situation of state general budget
Finance Ministry puts a strategy to manage public debt until 2018: Dimian
Strategy includes meeting financial needs with low cost and supporting the government…
New IFC Report examines challenges to microfinance in the Arab world
By Daily News Egypt A new study from IFC, a member of…
$8bn investments funded by sovereign funds, $1.5bn for service development projects: Investment Minister
First tranche of investments will be implemented over Q1 of 2016
FEP Capital is negotiating to list two companies valued at EGP37m in NILEX.
FEP Capital, previously known as White House Securities, is negotiating to list…
Sawiris seeks to acquire CI Capital
Negotiations are in advanced phases, deal worth around EGP 1bn through Beltone…
Government expands ministers’ authorities in direct assignment operations
The cabinet approved in its weekly meeting Wednesday new modifications in the…
US Federal Reserve raises interest rates on dollar to 0.5%
The US Federal Reserve raised the interest rates on the dollar with…
Cabinet approves business in existing private free zone, declines establishing new ones
Giving license to established projects requiring heavy energy is not allowed except…