Latest Business News
German government may head off Chinese takeover of robotics firm Kuka
A German newspaper says the government is trying to put together a…
Record-breaking year for renewable energy
A new renewable energy report shows that around the world, $286 billion…
Construction work for last winter’s Taba flooding costs EGP 250m
Despite the recent rainfall, residents still suffer from a lack of fresh…
China’s Xiaomi buys Microsoft tech patents
Microsoft has confirmed it has sold hundreds of tech patents to Chinese…
NBE finances purchase of 8,600 low- and middle-income housing units with EGP 700m
Hegazy attributed the bank’s success in being able to finance its large…
$400m allocated by Ministry of Finance to support exports
This is the first time such a budget has been allocated from…
OECD warns global economy faces ‘low-growth trap’
The Organization for Economic Cooperation and Development (OECD) sees a mounting risk…
Abe delays plan for tax hike in Japan
Japan's prime minister Shinzo Abe will delay a controversial increase in sales…
ILA Berlin Air Show takes off amid favorable biz climate
One of Europe's most important aviation and aerospace trade fairs, the ILA…
Egypt signs $100m loan with Kuwait at 2% interest over 25 years: cabinet
The loan will finance the construction of five desalination plants in South…
