Finance News

Egypt's development portfolio currently comprises 34 projects worth $1 billion, with several partners involved.
01.06.2023 | News by ahram online

The foreign currency crisis currently facing Egypt has led banks to reduce the limits on all types of bank cards for international transactions.
01.06.2023 | News by See News

This came during a meeting held by the minister with Alfred Gakuba Kalisa, Ambassador of Rwanda in Cairo to discuss cooperation.
01.06.2023 | News by See News

Egypt’s foreign debt increased by 5.2 percent during the last quarter of last year to reach US$162.9 billion at the end of December.
31.05.2023 | News by Egypt Independent

He added that this was supported by an increase in net income from returns by 90% to reach EGP 707m in March.
31.05.2023 | News by Daily News Egypt

Parliament approved amendments to the Income Tax Law no.91/2005 to raise annual income tax exemption to EGP 36,000 up from EGP 24,000.
30.05.2023 | News by Ahram Online

Banque Misr will receive a $260 million loan from the World Bank's (WB) financial arm, the International Finance Corporation (IFC).
30.05.2023 | News by Ahram Online

To offer instant cash redemption and installment solutions to users of “Sha2labaz” in the first-of-its-kind digital offering in the Egyptian market.
30.05.2023 | News by Zawya

Egypt’s GDP is expected to grow to 4.8 percent in FY2023/2024, slightly higher than the previously forecasted 4.4 percent for the current fiscal year.
30.05.2023 | News by Egypt Today

Egypt’s Finance Ministry accepted about 453 bids to sell treasury bills put forward by the Central Bank of Egypt in its last bid on Thursday.
30.05.2023 | News by Egypt Independent

It's the first time the report has a separate ranking for emerging markets, and Egypt being on it is very significant.
Papers by Egypt Business Directory

PM Mostafa Madbouly held a meeting Sunday to review the features of the proposal submitted by a number of investors abroad.
29.05.2023 | News by See news

Raising the income tax exemption aims at saving state costs of nearly EGP 10 million.
29.05.2023 | News by Zawya

The “Access” portal is the latest electronic payment solution that suits the needs of all business categories.
29.05.2023 | News by Daily News Egypt

Governor of the Central Bank of Egypt (CBE) Hassan Abdallah urged on Friday the African Development Bank (AfDB) to increase its lending to members.
28.05.2023 | News by Ahram Online

The private sector had, over the past decades, a dominant share in the gross domestic product, ranging from 70 to 80%. That is until 2011.
28.05.2023 | News by Daily News Egypt

Feried Belhaj, vice president for the Middle East and North Africa at the World Bank, discussed the ongoing crises impacting the global economy.
28.05.2023 | News by Ahram Online

Kingdom is becoming a hub for tech companies, says Intella CEO and founder Nour Taher.
28.05.2023 | News by Arab News

The move brings CFI's mastery and expertise as a world-renowned online trading provider to the vastly expanding country of Egypt.
27.05.2023 | News by Zawya

Qatar is committed to injecting $5 billion of investments into the Egyptian economy as was promised last year.
27.05.2023 | News by Ahram Online