Latest Business News
Addressing bureaucracy, administrative corruption necessary for economic reform: Experts
Bureaucracy, complicated investment legislation, and administration corruption are the main stumbling blocks…
Restored confidence in Egypt’s economy to improve currency exchange rate: CBE
Deputy Governor of Central Bank says stimulating national economy, working on bank…
Amer Group sees EGP 1.28bn in block trading deal
876m shares were sold in Thursday’s block trading deal at EGP 1.47…
Credit Agricole studying demand for real estate funds: Bank official
The head of the Credit Agricole Treasury said that the bank will…
Non-cash transactions in Egypt up to 7%; consultations underway with CBE for electronic services: Bankers
The size of non-cash transactions in Egypt has reached approximately 7%, the…
Banking sector supporting demand for corporate lending: National Bank of Egypt president
Banking sector believes in growing demand for corporate lending as well as…
Barclays targeting EGP1bn loan portfolio growth by end of 2014: Executive
Barclays had originally targeted EGP 5bn by the end of 2014, with…
Consilio Group plans $100m investment in electricity production from solar energy
Recurring electricity outages over the past three years due to a shortage…
Tourism Assistance Fund aiming for 25% annual returns: Investment manager
Egypt’s Tourism Assistance Fund is looking for annual returns of 25% on…