Latest Business News
German arms exports keep rising in 2016
The German government has approved over 4 billion euros worth of arms…
FDI reach $5.8bn as of end of Q3
The FDI registered during Q3 (January – March 2016) reached $2.8bn, compared…
Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE
The global drop in oil prices has led to a decline in…
GlaxoSmithKline pumps EGP 400m into Egypt until 2017: Minister of Investment
Opening of new medicine production line by mid-September with estimated cost of…
Italian banks battered after ECB warns MPS about bad loans
The financial crisis is coming back to roost in Italy after warnings…
NTRA apprehends company for possession of illegal international call devices
The National Telecommunications Regulatory Authority (NTRA), the police, and Telecom Egypt have…
$5.8bn in FDI recorded over first nine months of FY 2015/2016
The CBE said in a statement on Sunday that the net inflows…
Opinion: The downfall of an institution
The once-proud Deutsche Bank is now threatening the global financial system. Things…
Qalaa records net loss of EGP 242.7m in Q1 2016 despite 20% increase in revenues
Despite the increase in revenues, Qalaa Holdings also recorded a net loss…
LSE shareholders approve merger with Deutsche Börse
Shareholders in the London Stock Exchange Group (LSEG) have voted overwhelmingly for…