Month: May 2017

Our investments amount to EGP 50m, says Nawara

We contracted with Honeywell to use Bendix trademark in Egypt and North…

Ahmed Amer

Noble shares tank after default warning

Shares in the once-powerful Hong Kong-based commodities trader have lost a third…

Deutsche Welle

European automotive market experiencing huge suffering in 4 year

The sales of European cars declined to their lowest pace in four…

Mohamed Ramadan

Sales of high-priced cars exceed sales of middle-class cars

Cars worth more than EGP 2m registered more sales than middle-class cars…

Daily News Egypt

Daimler expands its e-battery production

During a groundbreaking ceremony in eastern Germany, premium carmaker Daimler has confirmed…

Deutsche Welle

Investors believe raising interest rate is wrong, expert says it could control the economic situation

The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate…

Hisham Salah

Banks tend to maintain interest rates unchanged despite CBE’s 2% hike

Government banks offer highest return on savings in the local market and…

Hossam Mounir

Raising interest rates shakes markets, disturbs business community

Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn

Mohamed Ayyad

Mechanisms of GCCEI yet to be declared, experts praise Al-Sisi’s speech on counterterrorism

The president’s speech focused on four elements that briefly encouraged the idea…

Daily News Egypt

The Islamic-US summit, a Sunni mobilisation against Iran?

Hamas rejects Trumps accusations, saying it shows his "complete bias" towards Israel

Mohammed El-Said