Business

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Latest Business News

Draghi flags QE boost amid weak inflation

ECB chief Mario Draghi has warned that signs of a return to…

November 13, 2015

Climate change could pummel stocks: study

Environmentalists aren't the only ones fretting over climate change. A new study…

November 13, 2015

Rabobank raids rural Romania

A small and poor village in Romania has become the focus of…

November 13, 2015

EAEF to increase investment in Egypt to $1bn over 3 years

The Egyptian-American Enterprise Fund (EAEF) targets increasing its investments in the Egyptian…

November 12, 2015

Careem acquires funding worth $60m

Abraaj Group is a lead investor in the new deal for the…

Menna Samir

November 12, 2015

Amer Group’s net profits in 9 months decline to EGP 111m

Splitting up the group, paying back securitisation deal main/temporary reasons behind decline…

Menna Samir

November 12, 2015

Mubasher obtains EFSA’s approval to run financial funds

Mubasher Financial Services (MFS) has obtained preliminary approvals from the Egyptian Financial…

Daily News Egypt

November 12, 2015

Central Bank of Egypt

CBE maintains dollar at EGP 7.83

Dollar was devaluated by 20 piasters on Wednesday

November 12, 2015

How joining the WTO could impact Afghanistan

After nearly 11 years of negotiations, Afghanistan and the World Trade Organization…

November 13, 2015

After taxes, the company achieved net profits of EGP 545.71m during 2012, as opposed to EGP 577.509m during 2011 (Photo Public Domain)

Talaat Mostafa Group’s net profits up by 8.9% in 9 months

Group sales reached approximately EGP 5.177bn, exceeding group’s objective of EGP 4.68bn

Menna Samir

November 12, 2015