Day: October 25, 2016

CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…

Hossam Mounir

World’s oldest bank unveils rescue plan details

Troubled Italian lender Monte Paschi has said it would cut thousands of…

Deutsche Welle

‘Coma’ achieves great success in international film festivals

Although independent and documentary filmmaking are still challenging fields for young filmmakers…

Rana Khaled

Trump accepting the US election result has little practical consequence

Donald Trump's anomalous suggestion that he may not accept the outcome of…

Deutsche Welle

Automotive market loses 25.6% of its sales in first 8 months of 2016

Passenger car sales declined by 25.6%, bus sales by 31.8%, truck sales…

Ahmed Amer

Brexit to eat into German GDP: study

Britain's vote to leave the European Union will have a negative impact…

Deutsche Welle

Car market has no spare parts

70% deficiency in the market; spare parts for Korean, Chinese, Japanese, European…

Ahmed Amer