Latest Business News
CIB leads 20 securitization bond issuances worth EGP 57.5bn in 2023
It secures more than 63% of Egyptian market share in securitization bond…
Egypt targets 5% inflation by 2026, government document says
Price stability and lower inflation rates among government’s priorities
Middle Eastern CEOs embrace disruption, prioritize digital in face of change
Across the dynamic expanse of the Middle East, businesses are charting a…
Wadi Al-Silicon to double its workforce at smartphone accessories factory
Abdelmoneim Al-Khawaga, the Chairperson of Wadi Al-Silicon, said that Prime Minister Mostafa…
Pharmacies sector suffers from drug pricing crisis, capital loss over 50%
The pricing crisis in medication is the biggest challenge facing the pharmacy…
Nasser Social Bank launches new certificate with 20% annual return
Bank also offers investment account with cumulative daily return of 15% annually,…
Egyptian pound to end CY 2024 at EGP 39.37 per USD: FocusEconomics
Economic growth likely eased further in H1 FY 2024 (July—December 2023) from…
Banks provide EGP 63.729bn for low-income mortgage finance initiative in 2023
NBE leads with 26.1% of total financing
PaySky to launch consumer finance, digital savings services in 2024
Company targets EGP 3bn investment by 2026: Sadek
New social protection package to include salary, pension improvements, reinstated tax exemption limits: Minister of Finance
Introduction of Egypt's 2024/2030 Tax Policy Strategy, new Income Tax Law project…