Finance News

Citigroup is exiting its consumer banking business in 11 countries to focus on markets with great scale and growth potential.
12.03.2015 | News by Bloomberg Business

Orascom had started trading in Dubai stock.
11.03.2015 | News by Ahram Online

Arabi said he expected the law to be issued by presidential decree within days.
09.03.2015 | News by Ahram Online

The authority cooperated with E-Finance to launch website to better serve tax community
Papers by Egypt Business Directory

Orascom said the stock would be offered in two tranches, with the first closing on Thursday.
05.03.2015 | News by Reuters

Barclays bought its parent company operations in 8 African countries.
04.03.2015 | News by Bloomberg Business

The main reason is the decrease in grants from Gulf countries.
03.03.2015 | News by Star Africa

Egypt is shifting attention to renewables to face the energy crisis.
02.03.2015 | News by Reuters

The sale was made to meet outstanding demand for staple commodities, raw materials and pharmaceuticals.
02.03.2015 | News by Reuters

Egypt is hoping to attract the foreign capital needed to boost growth and provide jobs.
01.03.2015 | News by Star Africa

CBE launched mortgage initiative last April worth EGP 10bn for real estate financing involving funding housing for low-middle income classes at concessional terms.
01.03.2015 | News by Daily News Egypt

Key interest rates were surprisingly cut by 50 basis points last month.
27.02.2015 | News by Ahram Online

Total foreign investment, which is being pumped this year, is estimated at $7.5bn.
26.02.2015 | News by Daily News Egypt

Cash still dominates the Egyptian consumer economy. It accounts for an estimated 94 per cent of financial transactions in the country.
26.02.2015 | News by The National

The government is trying to bolster the economy ahead of a major investment conference next month.
25.02.2015 | News by Reuters

New restrictions on cash deposits are paying off as banks are sold unprecedented amounts of dollars in cash.
25.02.2015 | News by Ahram Online

El-Wakil attributed the improvement to the recent (CBE) instructions regarding prices of exchange.
24.02.2015 | News by Daily News Egypt

Omran: The EGX indexes have been the highest worldwide for the past 84 months.
23.02.2015 | News by The Cairo Post

An increase in sales taxes on cigarettes is part of a wider trend from the state which has raised taxes to bring down budget deficit.
23.02.2015 | News by Ahram Online

Ministry of Petroleum is also studying possibility of capital market listing.
22.02.2015 | News by Daily News Egypt