Latest Business News
Spike in ‘single’ cigarette sales expected to decrease tax proceeds by EGP 2bn: Traders
Greater Cairo Tobacco Association demanded President Al-Sisi holds Finance Minister accountable for…
6 banks request Citibank Egypt retail business acquisition
Applicants include CIB, Abu Dhabi Islamic Bank, Emirates NBD and Mashreq Bank
Integrated trade zones to be established using EGP 800m: Supply minister
The investments in the internal trade sector will increase from EGP 7.8bn…
CBE maintains key interest rates
The CBE also kept the discount rate unchanged at 9.25%.
NBE wins best retail banking award
The number of NBE’s ATM machines reached 1,950 machines, an increase of…
New Mondelez Egypt production-line investments are worth EGP 200 m: Managing director
The company has invested EGP 1bn during the last five years, Managing…
Egypt targets an increase of Arab tourists this summer
Egypt started launching direct flights from many Arab cities such as Riyadh,…
Finance Ministry provides EGP 136m for energy-saving lighting to decrease road accidents: Dimian
Dimian said the EGP 136m price tag represent 25% of the value…
ERBC seeks to diversify products exported to Russia
The council is hoping to fix logistical problems faced in exporting products
EFG Hermes increases capital by EGP 391.83m
Increasing authorised capital from EGP 3.2bn to EGP 6bn has also been…