Latest Business News
Foreign exchange reserves increase $80m in October: CBE
Foreign exchange reserves at the Central Bank of Egypt (CBE) increased by…
Facebook posts hefty profit on increased ad sales
The world's largest social media network says its net profit in the…
Maritime Academic Conference and Expo to kick off 9 November
The conference focuses on training for and utilising state-of-the-art marine technologies
Raya IT witnesses 25% sales growth during H1 of 2015
Raya contracted with a government bank to implement an information and infrastructure…
Moody’s lowers Volkswagen’s credit rating
US ratings agency Moody's has downgraded VW's credit rating in response to…
Yellen: ‘December rate hike possible, not certain’
Fed Chair Janet Yellen told lawmakers the US economy is "performing well"…
Mobile phone users drop by 0.8% in July
Mobile Internet is the highest growing by 2.6%, according to telecommunications sector…
Public Authority for Services studies investing Egypt Post’s real estate assets
We are currently evaluating financial offers to use the post offices’ roofs…
Deutsche Bank fined for violating US sanctions
Deutsche Bank will have to pay hundreds of millions of dollars for…