Latest Business News
ACUD, Omani Embassy sign contract for new land plot at New Capital
EGP 4bn worth of small, micro-projects to be implemented in 2024
Egypt government tightens belt, as subsidies top EGP 342bn
It is impossible for any country or budget to continue increasing debt…
Housing Minister showcases investment opportunities to Saudi delegation
On Monday evening, Egypt’s Minister of Housing, Utilities and Urban Communities Assem…
Finance Minister asks State Council to review table tax on insurance broker services
Minister of Finance Mohamed Maait responded to the Egyptian Insurance Brokers Association’s…
CI Capital concludes five bond issuances worth over EGP 7.8bn in December 2023
Five transactions bring CI Capital’s total to 19 issuances with aggregate value…
Government plans to borrow EGP 1.647trn from local market in Q3 2023/24
Daily News Egypt obtained figures that revealed the government’s plan to borrow…
Egypt raises electricity prices by up to 26% in bid to curb subsidies
Egypt's Ministry of Electricity announced a 16% to 26% increase in electricity…
CBE receives 31 bids worth $1.02bn for USD-denominated T-bill auction
CBE accepts 20 bids worth $850m
Egypt, Iran, Saudi Arabia, UAE, Ethiopia formally join BRICS
The BRICS group, a key platform for emerging markets and developing countries,…