Latest Business News
Auto assembly companies experience 4-month decline amid US dollar shortage
During the first four months of 2016, 44,900 cars were sold, compared…
Brexit sparks fear of increased pressure on Egypt and emerging economies
If Britain chooses to leave the EU, the result may be a…
Egypt ranks first among Arab states in receiving remittances: UAB
Egypt received $19.7bn in remittances from its citizens working abroad in 2015,…
Schneider Electric, AUC sign in-kind gift agreement to develop local communities
Egypt has huge solar energy potential, which can provide energy to remote…
TV channels accumulate EGP 1.5bn in revenues during first half of Ramadan
MBC Masr tops the list with EGP 260m followed by Al-Nahar with…
India unveils sweeping investment reforms
India has announced a broad relaxation of foreign direct investment (FDI) rules…
Bond yields for 5-year term jump by 0.82%
Ministry of Finance cancels 10-year term bonds initially planned to be issued…
BP sanctions development of 1.5tn cubic feet Atoll field in Egypt
Early production will bring up to 300m cubic feet per day starting…
Value of naira plummets after Nigeria ends dollar peg
In response to continued low oil prices, the Nigerian Central Bank floated…