Latest Business News
Private business accounts for 63.2% of credit facilities end of March: CBE report
Central bank announces 2.6% increase in total credit facilities
Bank loan assets increase by EGP 7bn in March: CBE
Bank balances in March rose to EGP 559.444bn as compared to EGP…
Arabian Cement begins preliminary coal usage to increase power output
Company figures show that in 2013, production output was at approximately 4…
Following a series of losses, capital market gains EGP 8.13bn
All stock market indices rise minimally
Fiscal deficit to remain in double digits, inflation unlikely to rise: CitiBank
Economy remains weak with consumption under pressure and investment affected, the report…
Government offers concessions on stock market tax; chambers of commerce appeal to president
Stock market tax crisis between government and investors escalates as government offers…
EGAS to cut 380m cubic feet of gas per day from fertiliser and cement factories
Daily production decline of 150m cubic feet of gas in Egypt, shortage…
UNIDO to provide studies for clean coal usage in Egypt
Agreement regarding clean coal usage to be signed between UNIDO, industry ministry,…
Flynas launches air route from Jeddah to Cairo: Deputy CEO
New route aims to increase the number of passengers travelling to and…
IPOs will support public sector businesses: Minister of Industry
Abdel Nour said that the investment climate has improved significantly over the…