Latest Business News
Egypt’s credit rating on the slide
S&P cuts Egypt’s credit rating to B-; fourth downgrade in 14 consecutive…
CBE governor denies resignation
The governor of the Central Bank of Egypt (CBE) Farouk Al-Oqda denied…
Shura Council to deliberate economic policy
Upper house of parliament awaits passing of constitution to practice legislative role
Banks offer loans to develop call centres
In cooperation with the Cairo Chamber of Commerce, a variety of loans…
Urban Communities Authority to build commercial district in New Cairo
New wholesale market to be established in New Cairo
Government guarantees two huge electricity projects
Electricity projects are expected to be funded by private sector investments via…
Al-Saeed: Tax reforms are part of a programme to overcome the current crisis
Changes in the tax code had been approved after the ministry had…
ENBD to acquire BNP Paribas Egypt for $500 million
Gulf investors show interest in the Egyptian market despite political turmoil