Latest Business News
Struggling Cathay Pacific cuts 600 jobs
Hong Kong airline Cathay Pacific has announced that it's laying off 600…
Is an interest rate change on the horizon?
For nine years, interest rates have fallen and the European Central Bank…
Ford fires CEO Fields over performance
The American carmaker giant has replaced chief executive Mark Fields. It's a…
48.6% increase in tourist arrivals in March: CAPMAS
Nearly 50% increase of nights spent, 30.9% increase in Arab tourists visiting…
Australian mining magnate to donate chunk of his fortune
Andrew Forrest, founder and chairman of iron ore giant Fortescue Metals Group,…
Investment funds lose 3.3% of their assets during first quarter
The second quarter may see a resurgence of fund assets growth
Beltone continues as top management company by end of first quarter, Al-Ahly in close second
We aim to raise value of managed assets to EGP 9bn before…
Pound flotation posed challenges for banks’ financial positions in 2016: Business News Index
SAIB, Audi, NBE recorded the lowest ratios of unregulated loans portfolios
Banks offering e-services have best retail banking: Business News index
Limited growth in retail banking portfolios of major banks due to the…
CBE raises interest rate 2%, defying all predictions
Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight…