Increasing demand for cement relies on increasing government investment
Domestic companies produce 70m tonnes, while expected demand stands at 55m tonnes
Egypt’s economic gains highly susceptible to risk events
Implementation of VAT as replacement for current sales tax is the cornerstone…
New fund to compensate victims of real estate fraud
Ministry of Housing awaits upcoming law to send to parliament for approval
Emerging markets rise for second week
Since the beginning of the oil price crisis, emerging markets have been…
SME loans at NBE amounted to EGP 18.5bn by the end of 2015: Chairman
The portfolio has doubled six times over the past eight years, says…
Bank Audi-Egypt to expand loan portfolio to include SMEs, among other sectors
Bank Audi-Egypt increased its deposit holdings by 17%, and increased the value…
Hala Sakr becomes first female Managing Director of Barclays Egypt
According to Barclays Africa Regional Management Chief Executive Mizinga Melu, Sakr’s appointment…
Banque Misr named Best Provider of Money Market Funds for eighth time
Global Finance is based in New York, and is the largest specialised…
UAB recommends economic, legislative reforms in Arab countries to attract foreign investment
Participants in the forum called upon Arab banks and financing institutions to…
CBE discusses ways to increase MSMEs’ funding with banks
Banks are currently preparing their infrastructure to begin implementing CBE initiative