Latest Business News
OECD urges Greece to remedy social crisis with reforms
The Organization for Economic Cooperation and Development (OECD) has called on Greece…
German exports post unexpected dip
German exports dipped unexpectedly at the beginning of the year, a sign…
Volkswagen’s US boss Michael Horn resigns
The German carmaker's top boss in the US has stepped down almost…
Norway’s massive sovereign wealth fund posts weak gains
The world's largest sovereign wealth fund gained 2.7 percent on its investments…
Siemens slashes 2,500 jobs in industrial division
German engineering giant Siemens has announced it'll have to cut thousands of…
Foreign deposits, withdrawals balance out at banks on Wednesday, Thursday
Approximately $8m exited one of the largest banks following CBE decision to…
Arab-American banking dialogue to discuss international cooperation, combating terrorism financing
Union of Arab Banks to issue largest database on financial and banking…
Exchange firm officials prepare for expanded meeting with CBE
El-Abyad denies any agreement between CBE and exchange firms on a specific…
Migration to electronic payments added nearly $300bn to GDP of 70 countries: Visa-commissioned study
Electronic payments added $10m to Egypt’s GDP and created 2,300 jobs per…
MSCI index surges once again
On Monday, the index opened the trading week at 790.97 and increased…