Latest Business News
A new start needed for Italy’s banks?
The Italian finance professor Claudio Zara calls for flexibility in eurozone rules…
Egypt to answer IMF inquiries over the next 14 days
IMF will request the implementation of CGT and reduction of domestic debt
Eni, BP target production of 350m cubic feet of gas from South Baltim field
Six wells will be linked from the new discovery to the national…
Recommendations to form purchasing centres in case EGX remains above 7,793 points this week
The Egyptian Exchange (EGX) is facing a tough challenge this week as…
US dollar shortage threatens NCMP EGP 1.2bn expansion plan
The National Company for Maize Products (NCMP) is considering temporarily suspending its…
IMF loan best solution for Egypt at the moment: banking leaders
Egypt needs this particular loan in light of the suffering economy, says…
Financial stability is a key priority at the IMF, says Al-Mashat
Rania Al-Mashat talks to Daily News Egypt as she assumes new role…
Mercedes announces huge investment in Hungary
German luxury carmaker Mercedes-Benz has said it's planning to invest heavily in…
France EDF to go ahead with China-funded nuclear power station in UK
With existing debts of more than 37 billion euros, the board of…
Interest rates for deposits set at 11.75%, lending at 12.75%: Monetary Policy Committee
The committee’s decision comes in an effort to control the rising rate…