Business

Remittances from Egyptians working abroad rose to its highest level ever, boosting their home economy according to new Central Bank…

Egypt’s overall budget deficit fell to LE253.7 billion or 12.4 percent of GDP in the fiscal year of 2013/2014, from…

Minister of Finance Hany Qadry Damian has admitted to Egypt’s absence from the world transparency rankings over the last three…

EFG Hermes acquired 49 percent of French Wind Energy Company in US$208 million Leveraged Buyout, deploying MENA Capital in Cash-Yielding…

The Ministry of Trade and Industry has said that the Agadir Agreement had allowed Egypt to increase by 46 percent…

A Finance Ministry source said Gulf states are putting pressure on Qatar to extend the maturity of bonds worth US$2.5…

Five banks on Wednesday granted the Petroleum Authority the biggest loan in the history of the Egyptian banking system worth…

Egypt’s domestic debt sales have grown by an annual 8.2 percent to a record LE216.3 billion (US$30.3 billion) in the…

The Egyptian stock market gained LE700 million, supported by purchases of Egyptian investors, and the market capitalization of the listed…

Minister of Communications and Information Technology Atef Helmy said on Monday that Egypt aims to boost its electronics industry from…