Latest Business News
Ten years after the financial crisis – what have we learned?
A decade ago, the subprime crisis began in the US, which a…
Defiant Qatar hikes gas output by 30 percent
Despite a deepening diplomatic crisis with its neighbors, Qatar says it will…
Could the G20 summit usher in new globalization order?
This weekend's G20 summit in Hamburg comes at a time of upheaval…
Geyushi Motors wins Chinese FAW Group agency
Geyushi Motors has signed a cooperation agreement with FAW Group, the largest…
Record EGP 9.4bn of personal vehicles sold in Egypt in 4 months
The auto market recorded EGP 9.4bn in sales in the first four…
Nasdaq glitch sees wild stock price fluctuations
An IT glitch has led to wild price moves on traders' terminals…
Banking system receives $54bn since pound flotation in November 2016
Proceeds are distributed as $25bn funding, $9bn government debt instruments investments, $20bn…
IMC signs agreement with KAZAKH INVEST Company to facilitate exchange of joint investments
Trade exchange between Egypt and Kazakhstan increased by 12.7% in 2016, says…
EGP 2bn of pension disbursed among 1.5m beneficiaries within 2 days
Total pension withdrawals amount to EGP 160m, according to the NSB
Orascom Construction signs contract to build power station in Assiut
New plant to be fueled with steam, with a capacity of 650…