Latest Business News
Industry Ministry hands over contracts for 113 industrial units to 60 investors in New Fayoum
These units have been made available with complete utilities through ownership and…
Egyptian government intends to borrow EGP 1.062trn in 1Q 2022/2023
Finance Ministry aims to issue 52 T-bill offers worth EGP 1.0335trn, 18…
ADIB Egypt obtains CBE’s approval to issue prepaid ‘Takka’ cards
ADIB Egypt obtains CBE’s approval to issue prepaid ‘Takka’ cards
Banks offer EGP 4bn to 172k small, micro enterprises in Decent Life initiative: CBE
52k bank accounts, 13k mobile wallets were opened in villages
Domestic liquidity in banking sector increases to EGP 7.8trn in February 2023: CBE
Total non-governmental deposits in local currency amounted to EGP 5.549trn
Tightening monetary policy prerequisite for achieving inflation targets of 7% (±2%) in 4Q 2024, 5% (±2%) in 4Q 2026: CBE
The CBE stated that the widespread rise in inflation requires more monetary…
Egypt’s IDA gears up to provide its services for investors online
Abdel Karim said that preparations are underway to provide the authority’s services…
Egypt, Germany discuss promotion of cooperation in communications, digital transformation
The meeting also witnessed the discussion of current and future cooperation projects…
Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
He added that Australia and Egypt “have much to gain by cooperating…
