Latest Business News
House of Representatives asks Ministry of Finance, Holding Company for Spinning and Weaving, and National Investment Bank to sign a tripartite agreement to repay debts
The agreement aims to pay dues and to provide financial liquidity to…
NBE raises interest rate by 1% on savings accounts, 0.75% on deposits
Banque Misr may approve a limited increase of the interest rate on…
NTRA advises TE with terms and conditions for 4G licence
50% of licence's value will be collected in US dollars
Egypt’s deterioration in pictures
Despite the nation’s return to stability, Egypt remains at the brink of…
279 ships transit through Suez Canal in 6 days carrying 16.5m tonnes of cargo
The average number of ships transiting the canal per day is 46.5,…
VW investors want independent inquiry into emissions scandal
VW shareholders have grown frustrated with the state of the internal investigation…
Cartel Capital promotes creation of electronic banking services platform in Middle East
Cartel Capital in the Middle East and North Africa will begin a…
Absence of coordinating council in decision to increase interest rates
The CBE’s accompanying report on the decision was issued without Al-Mashat’s signature…
Gulf markets plunge collectively last week
The Saudi market fell slightly by 0.37% and closed at 6,543 points,…