Latest Business News
Egypt business activity shrinks in May: PMI
Reuters - Business activity in Egypt shrank for the third month in a…
EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president
The total amount of investments that are hoped to be collected from…
EGP 45.5bn growth in deposits during 1Q 2014: CBE
Total government deposits at the end of March were EGP 169.412bn, decreasing…
Domestic liquidity increases to EGP 1.44tn: CBE
Increase of net domestic and foreign assets in banking system contribute to…
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…