Latest Business News
HSBC says staff, customers safe after ‘minor incident’
CAIRO: HSBC bank said its staff and customers were unharmed after a…
AlexBank launches safe box for clients
CAIRO: AlexBank launched Alex Safe, a safe deposit box service supported by…
Egypt central bank accepts repos worth LE 12 bln
CAIRO: Egypt's central bank accepted LE 12 billion ($1.99 billion) in seven-day…
Egypt foreign reserves fall $1.77 bln in January
CAIRO: Egypt's net foreign reserves fell by $1.77 billion in January, the…
Egypt telecom tycoon Sawiris eyes new horizons
CAIRO: Egyptian telecoms magnate Naguib Sawiris wants to get back on the…
EFG Hermes denies CEO’s connection with Port Said case
CAIRO: After EFG Hermes CEO Yasser El-Mallawany was banned from traveling earlier…
EFG Hermes shares slide after CEO’s travel ban
CAIRO: Conflicting reports surrounded the reasons behind a travel ban on Yasser…
IFC invests $124 mln in Medgulf to extend MENA insurance reach
CAIRO: IFC, a member of the World Bank Group, said it is…
Egypt trims 5-year bond sale, cancels 7-year
CAIRO: Egypt's central bank sold only half the reopened five-year bonds it…
Egypt expects tourist numbers up despite clashes
DUBAI: Egypt's Ministry of Tourism hopes to see a recovery in tourist…