Latest Business News
Car sales fall by 32% during first half of 2016
Hyundai is competing against Chevrolet to top the best-sellers list and Nissan…
German exports rise for third consecutive month
German shipments abroad have gone up for three months in a row,…
Sales shrink due to pricing difficulties
Several car dealerships kept their prices unchanged from July to August, despite…
Dieselgate cheating costs VW 5.5 million euros in Italy
Italy's antitrust regulator has fined Volkswagen 5 million euros for its Dieselgate…
The Economist article is void of objective analysis of Egypt’s economy: Foreign Affairs spokesperson
It is obvious that The Economist has chosen to take sides with…
Rise in electricity prices not related to IMF loan: Shaker
Electricity budget is marked at EGP 52bn for the fiscal year 2016/2017,…
Average collection rate of July electricity bills hit 90% before increase
Shaker is announcing the new tariff at a press conference in the…
Ball Corporation considers investing $60m into Egypt branch: Trade Minister
Ball Corporation's investment in Egypt reaches EGP 840m, says minister
NREA prepares tender for 20MW-capacity solar power plant in Hurghada
JICA has proposed to finance the project, which was presented to parliament…
Egypt pays $2.25bn of external debt in July: CBE
Foreign exchange reserves dropped $2bn in July, reaching lowest point since January…
