Latest Business News
Ajna invests EGP 4bn in Carnelia Ain Sokhna project
Construction commenced in November 2021 and deliveries to begin late 2024
Egypt’s Trade Minister discusses cooperation with German industrial companies
German economic delegation visits Egypt, the largest since COVID-19 pandemic: German Ambassador
10 million beneficiaries in first phase of Egypt’s university hospital automation project: Health Ministry
This phase includes 80 university hospitals nationwide.
25% expected increase in prices of mobiles and electronic devices
Basem Megahed — the Head of Raya Company for Trade and Distribution…
Egypt’s PM restricts selling prices of free-market bread
Free-market bread is sold outside the state’s subsidised food card system.
EGX main winner of US dollar appreciation
Research from Prime Securities said that banks are on top of the…
CBE raises interest rate by 1% in exceptional meeting, Egyptian pound declines significantly
The CBE believes in the importance of exchange rate resilience to absorb…
Egypt’s Al-Sisi discusses draft budget for FY 2022/23
Al-Sisi directs government to prepare social protection measures to mitigate effects of…
US dollar exchange increases EGP 1.75 against backdrop of interest rise
Greenback records EGP 17.4 for purchase and EGP 17.5 for sale at…
NBE, Banque Misr offer one-year 18% saving certificates
Yehia Abou El-Fotouh, Vice Chairperson of the NBE, said the bank’s new…