Latest Business News
Banks introduce restrictions on dollar use abroad
Banks have the right to limit dollar use, in light of the…
Dollar exceeds EGP 9 in Egyptian informal market for first time
Devaluation of the pound is not linked to import pressures, but a…
CBE cannot be asked to bear more than it can to solve: El-Kosayer
The CBE is not responsible for providing the dollar; it is responsible…
No legal action taken against car mobile-based applications, demand increased
Police have reportedly begun stopping Uber and Careem drivers to check their…
EGP 1.9bn in Verna sales in 2015
The Hyundai Verna topped the list of best-selling Korean cars, achieving sales…
Al-Mansour Automotive introduces Opel Mokka to its showroom in bid to boost sales
The company will also open services centres and branches to halt 2015…
Shell Lubricants Egypt to sponsor Automech Formula auto show
22 automotive manufactures will attend auto show with notable exception of Mercedes…
Cash-U launches electronic payment services in Singapore
70% of Middle East and North Africa population do not have bank…
Acwa Power agrees to jointly fund Dayrut power plant
Weekly meeting will be held with Ministry of Electricity officials until a…
CBE raises cap on dollar deposit to $1m per month
The new cap compares to the previous daily limit of $10,000 on…