Finance News

Todd Wilcox, Deputy Chairperson and CEO of HSBC Egypt, said: “SMEs are a vital engine of growth for any economy".
16.12.2021 | News by Daily News Egypt

The move is expected to trigger around $1 billion investments in government equity thus reducing the cost of government debt and raise its efficiency.
Papers by Egypt Business Directory

The minister further noted that the original value of the debt in 2018 also included costs such as electricity and petroleum.
09.12.2021 | News by Zawya

The IMF expectations of the most prominent economic indicators in the coming years indicate an increase in total revenues as a percentage of GDP.
09.12.2021 | News by Egypt Independent

Foreign reserves have been rising since June 2020, after dropping to around $36 billion from more than $45.5 billion due to the pandemic.
08.12.2021 | News by Reuters

The New York-listed firm has acquired a new payments license and is cooperating with NBE to expand its services to other online retailers.
07.12.2021 | News by Cairo Scene

Egypt to lead the economic recovery in the Southern and Eastern Mediterranean region with a growth rate of 4.2 percent in 2021 and 4.4 percent in 2022
07.12.2021 | News by Egypt Today

For the current fiscal year, the budget deficit is estimated to record 6.6 percent of gross domestic product (GDP).
06.12.2021 | News by Egypt Today

Long-term debt ($124.2bn) accounts for 90.1% of total external debt, whereas short-term debt ($13.7bn) accounted for 9.9%.
06.12.2021 | News by Daily News Egypt

The decline in business conditions was led by a reduction in output levels in November, IHS Markit said in its PMI survey.
05.12.2021 | News by Zawya

The committee is eyeing bigger contribution by SMEs to the national economy in order to reach 80 to 90 percent as in some major countries.
01.12.2021 | News by Egypt Today

HSBC’s Navigator: Voice of Business report, which polled over 7,350 decision makers, 83% of businesses expect profitability to grow in next 12 months.
30.11.2021 | News by Daily News Egypt

Bank aims to expand e-payments in line with Central Bank’s direction towards digital transformation: Aboul Fotouh.
28.11.2021 | News by Daily News Egypt

137 countries, including Egypt, joined this historic agreement announced by the Organization for Economic Cooperation and Development.
28.11.2021 | News by Egypt Today

World Bank participated in drafting the idea of the comprehensive health insurance law, its preparation & implementation in Port Said.
28.11.2021 | News by Egypt Independent

The remarks came during the fourth Egypt Day Conference titled “Shaping the Investment Landscape” organized by EFG Hermes.
25.11.2021 | News by Egypt Independent

Egypt expects a GDP growth of 5.5-5.7% in FY 2021-22 that ends in June.
25.11.2021 | News by Reuters

The Central Bank of Egypt (CBE) decided that two seats in each of Egypt's bank boards will be reserved for women, CBE Governor Tarek Amer told MENA.
21.11.2021 | News by Ahram Online

EBRD’s loan, alongside with other finances, will be utilised to transform Abu Qir’s railway to a green metro line.
17.11.2021 | News by Ahram Online

Proceeds of latest tender will be directed to pay for previous one worth $1.585bn put forward on 17 November 2020.
17.11.2021 | News by Daily News Egypt