Latest Business News
Al-Sisi approves Russian loan agreement worth $25bn to establish nuclear plant
The station includes four 1200 MW capacity power units to be implemented…
Careem hires 2,000 new drivers monthly, demand for service increases by 60% per month
The company has brought more than $70m worth of direct foreign investments…
Egypt’s trade deficit declined by 22% in February: CAPMAS
Egypt’s trade deficit declined by about 22% in February 2016 compared to…
CBE confirms banks’ commitment to its instructions for financing small, very small projects
The Central Bank of Egypt (CBE) affirmed that the banks operating in…
Egypt to impose EGP 900 fee on sugar exports until year’s end: industry minister
This decision will secure the needs of the local sugar market, says…
Deutsche Bank faces angry shareholders
Germany's biggest lender has told its shareholders gathered for an annual meeting…
Google gets louder on voice-activated tech
Beyond delivering search results and the Android mobile operating system, tech giant…
Bayer confirms merger talks with Monsanto
A merger of the world's biggest producers of seeds and pesticides may…
To the dismay of many, devaluation of Egyptian pound gives way to price increases
The Central Bank of Egypt’s March decision to devaluate the Egyptian pound…
Huawei plans to increase its smartphone market share to 30% by year’s end
The company achieved half of last year's revenues as of Q1 of…
