Latest Business News
Rise of interest rate to have limited effect on stock market: Experts
Economic experts give different reasons for the limited impact of the interest…
7 banks raise interest rates on deposits after Central Bank decision
A recent CBE decision saw an increase in the benchmark overnight deposit…
National Bank of Egypt, Banque du Caire, and Banque Misr increase returns on savings certificates
A number of government banks raise returns on savings certificates to attract…
Egyptian banks show ‘impressive growth’ but fall short in Tier 1 capital: The Banker’s report
Tier 1 capital, a core measure of a bank’s financial strength, of…
Electronic payments benefit people excluded from formal financial services: MasterCard Country Manager
In an exclusive interview with the Daily News Egypt, Magdy Hassan, Country…
Delay in imports of gas for electricity threatens the industrial sector in Egypt
EGAS stopped pumping gas to MOPCO, EFC, and EBIC factories; reduction of…
Power stations boosting fuel consumption at expense of industrial sector: EGAS
Fuel station deficit worth 6m cubic metres of gas and equivalent daily
Sanitary measures imposed on Egypt have negative impact on export: ERF
Government should support firms to increase their quality and productivity in order…
Finance Ministry expects EGP11bn from special funds and accounts for FY 2014/2015: Ministry official
Annual profit deduction of 10% compared to last year’s 20%, to strengthen…
Sinai Cement begins preparations for coal usage
Company will link with local contractors and suppliers to equip factory for…
