Latest Business News
El-Beblawi’s government sees highest recorded monthly borrowing rates in three years
The financial monthly bulletin issued by the Ministry of Finance showed the…
Four days off to stock market employees for Eid Al-Fitr
The break is set to last four days until 11 August, with…
Moody’s downgrades Bank of Alexandria’s rating to B3
Moody’s stated the rating action was driven by the firm’s “view that…
World Bank proposes aid plan for Egypt
The World Bank reveals that the plan involves providing technical assistance
Supreme Administrative Court annuls Omar Effendi’s privatisation
The retail store will be restored to public ownership
Qatari liquefied natural gas arrives
Port facilities are not yet capable of importing liquefied gas, but such…
IMF waiting for the “right time” for loan negotiations
The global lender said all discussions are being held with the technical…
US leads government demands for Twitter user data
Governments submitted a total of 1,157 requests for information about Twitter accounts,…
IFC investments in MENA reach $3bn in fiscal year 2013
IFC combined those investments with a broad range of advisory services to…