Latest Business News
France: Hotel stays drop due to attacks
The number of nights spent in French hotels by foreign tourists in…
Brexit boosts UK flight bookings
While the British vote to leave the European Union may have quite…
New Avenue makes EGP 1.71bn deals for real estate investment in recent months
These transactions reflect the return of demand for real estate services, especially…
The transformation and decline of Deutsche Bank
Shares of Deutsche Bank and Credit Suisse have been dropped from the…
China trade performance slumps
China has logged worse-than-expected trade figures for July, with both exports and…
Al-Futtaim to build administrative offices worth EGP 700m for delivery in 2017
Al-Futtaim, the creators of Cairo Festival Citym may ask for a EGP…
Why did power companies agree to local arbitration for cost-sharing agreement but refuse it for power-purchase contracts?
Minister of Electricity Mohamed Shaker's recent remarks against power companies have incensed…
14.4% more jetties built in Damietta port in the first half of 2016
22% increase in the volume of cargo transported through the port from…
The Economist’s biased reports will not affect IMF deal: economists
Al-Sisi has gone “beret in hand” to the IMF for a $12bn…
Government banks rely on own resources to obtain US dollars, not on CBE tenders: head of Banque du Caire
Banque du Caire, along with all state-owned banks, does not obtain its…