Latest Business News
Egypt’s deterioration in pictures
Despite the nation’s return to stability, Egypt remains at the brink of…
279 ships transit through Suez Canal in 6 days carrying 16.5m tonnes of cargo
The average number of ships transiting the canal per day is 46.5,…
VW investors want independent inquiry into emissions scandal
VW shareholders have grown frustrated with the state of the internal investigation…
Cartel Capital promotes creation of electronic banking services platform in Middle East
Cartel Capital in the Middle East and North Africa will begin a…
Absence of coordinating council in decision to increase interest rates
The CBE’s accompanying report on the decision was issued without Al-Mashat’s signature…
Gulf markets plunge collectively last week
The Saudi market fell slightly by 0.37% and closed at 6,543 points,…
Strong expectations about pound devaluation by CBE after raising interest rates
Analysts warn about the negative impact on inflation rate if the step…
Analysts expect EGX to overcome rise of interest rate by reaching 7,480 points
Analysts predicted that purchasing powers will be dominant during the trading session…
Increasing interest rates: controlling inflation or increasing deficit and debt burden?
The government’s current debt is projected to reach 11.5% (EGP 309bn) in…
