Finance News

Economists divided on whether Egypt will achieve the government's growth forecast.
19.11.2014 | News by Ahram Online

CEO of Citi Egypt Nadir Shaikh has sent the following statement in response to stories on the status of Citibank in Egypt.
18.11.2014 | News by Middle East Monitor

Egyptian customers’ trust in banking technology will increase when the banks offer services with high security standards, Abeer Khedr says.
16.11.2014 | News by Daily News Egypt

This could complicate plans by the government to issue as much as $1.5 billion of bonds next year.
15.11.2014 | News by Bloomberg

Egypt has delayed payments to oil and gas firms as its economy has been hammered by almost three years of instability.
15.11.2014 | News by Daily Star Lebanon

With the new microfinance law issued this week, Egypt Business Directory looks at the microfinance landscape in Egypt.
Papers by Egypt Business Directory

Finance Minister Hani Qadry Demian is working on improving connections between Egypt and the controversial lending institution.
12.11.2014 | News by Ahram Online

“Big volatility is not in our cards for a good time,” Central Bank Governor Hisham Ramez told a visiting U.S. trade delegation.
12.11.2014 | News by Bloomberg

Executives from about 70 companies, including Apache Corp. and Coca-Cola Co., held talks with officials in Cairo.
11.11.2014 | News by Bloomberg

Plans for fiscal consolidation didn't materialise in last fiscal year, mostly due to overestimates of subsidy cuts.
09.11.2014 | News by Ahram Online

More than 150 US executives representing over 60 companies are considered "US Chamber's largest international trade delegation ever."
09.11.2014 | News by Kuwait News Agency

October’s figure marks the fourth consecutive increase in foreign currency since a decrease of around $60m from May’s figure to June.
07.11.2014 | News by Daily News Egypt

The Gulf state provided Morsi’s government with billions of dollars in deposits, grants and energy supplies during his year in power.
07.11.2014 | News by Daily Star Lebanon

In July, Sawiris was sentenced in absentia to three years in prison and fines worth LE50 million on charges related to the case.
06.11.2014 | News by Ahram Online

The EBRD officials underlined ‘Small and Medium-sized Enterprises (SMEs) as the backbone of the economy and financing them as a priority.
06.11.2014 | News by Star Africa

Engagement letters are due to be signed with the banks this week to run the initial public offering of Emaar Misr.
04.11.2014 | News by Bloomberg

The action, which came under AAIB’s customer delight initiative, has brought the bank’s total number of ATMs to 286 across Egypt.
02.11.2014 | News by Daily News Egypt

The IMF says it has revised its projection for Egypt's growth as a result of security concerns but still sees positive economic reform.
29.10.2014 | News by Ahram Online

The World Bank has already approved a $5 million aid package to Egypt to implement the new system and to establish an updated investment database.
28.10.2014 | News by Zawya

Suez Canal revenues are up year-on-year but have dipped 8% since August.
28.10.2014 | News by Ahram Online