Latest Business News
German cabinet puts brakes on clean energy transition
The German government has agreed on a new reform of electricity markets.…
NBE signs EGP 1.98bn loan with Alexandria National Refine and Petrochemical
The loan is earmarked to establish a naphtha and continuous catalyst regeneration…
CBE issues new regulations for financing agriculture, industry medium enterprises
The Central Bank of Egypt (CBE) issued on Wednesday the regulations for…
Small and medium business solutions of the digital age
Egyptian entrepreneurs and banking experts create innovative solutions for credit underwriting of…
3.2% increase in monthly inflation in May: CAPMAS
Annual inflation rate rose to 12.9% in May compared to last year
Uber suffers legal setbacks in France and Germany
A French court has convicted and fined the US company and two…
BP announces new discovery in Egypt’s East Mediterranean
The discovery is located 12 kilometres from the shoreline
Beltone – CI Capital deal fails
The contract has not been renewed and the down payment was repaid…
Orascom Construction-Arab Contractors joint venture carries out new phase of Cairo Metro Third Line
OC’s share of the contract amounts to approximately €295m
Probe launched into lost VW Dieselgate proof
Fallout from Volkswagen’s so-called Dieselgate scandal continues as German authorities investigate a…