Latest Business News
New gas discovery in North Damietta
BP discovers gas in Salamat well in the East Nile Delta
Bourse’s main index decreases 1.86% last week
The EGX100, the Egyptian bourse’s largest index, decreased 0.36% closing at 744…
Egypt purchases 180,000 tons of Wheat
180,000 tons of Russian and Romanian wheat purchased to produce subsidised bread
Joint business councils restructured
The minister decided to restructure the Egyptian side of the American, Italian…
Turkish lira at record low, threatening growth
The lira touched 2.0839 to the dollar before climbing back to 2.0696,…
Oil hits 28-month high in US on Syria tensions
The New York benchmark, West Texas Intermediate (WTI) for October delivery, shot…
Suez Canal revenues increase to $483m
The report further showed that total deposits for Egypt’s Central Auditing Organization…
Net foreign reserves surge to $18.91bn
Around $34m increase between July and August 2013
AFP INFOGRAPHIC: Samsung’s new smartwatch
Samsung's new smartwatch allows users to make calls, receive texts and emails…
Banks demand security
Egyptian Trade Union Federation asks interior ministry for extra security at bank…