Latest Business News
BP accelerates development of first phase of Atoll field in Egypt
The first phase will consist of two development wells tied back to…
EGX-30 rises by 1.23% on Thursday
Market gains of EGP 3.6bn at the end of Thursday's trading session
German factory orders slump for third month
German industrial orders, a key measure of demand for goods in Europe's…
Eurozone recovery will be ‘moderate’ in 2016
The economies of the 19 countries that use the euro are forecast…
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…