Latest Business News
1.190tn in total banking deposits in June: Central Bank
Rise in deposits seen as symptomatic of Egypt’s “economic deflation”
OCI NV seeks new financing
The international company launches a €150m equity offering and a €300m convertible…
From peanut butter to diamonds
A team of scientists test the transformation of peanut butter into diamonds.
Canadian Egyptian Business Council calls for further exploitation of mineral resources
These statements came during a conference hosted Monday night by the Canadian…
CAPMAS: 51.8% increase in Egyptian cotton exports over three months
Total consumption rates for imported cotton during this period, meanwhile, reached 21,800…
Barclays says to refund loan customers over errors
The errors, which date back to October 2008, could spark refunds totalling…
AUC signs agreement with CIB
AUC signs agreement with CIB to establish CIB endowed professorship in banking
Curfew will not affect tourism industry: tourism officials
Officials in the tourism sector argue that the extension of the curfew…
Reuters: gold demand to wane in the second half of 2013
Two months later, the market was “turbulent again as short selling and…