Latest Business News
National Bank for Development aids the completion of new electricity plant
The National Bank for Development (NBD) called on banks holding Islamic licenses…
BP hit with $3.1bn Russian court bill
Moscow (AFP) — A Siberian court on Friday piled more legal pressure…
Spanish unemployment nears 25%
Madrid (AFP) - Spanish unemployment is now near one quarter of the…
Summer Ramadan yields adverse impact on banks
By Asmaa Nabil With the arrival of Ramadan during the summer, several…
Iran to cut spending to help sanctions-hit economy
Iran agrees on a budget cut, to overcome the western sanctions.
Germany, France vow to do ‘protect eurozone’
Berlin (AFP) — The leaders of Germany and France threw their political…
Ministry of Electricity finalises contracts for new power station in Banha
By Salah El-Monoufy The Yokogawa Company won a supply and installation contract…
Banks regain confidence in construction materials market
Banks willing to finance the stagnant construction materials sector
Banks lend more attention to financing the private sector
The significant reduction in bank loans to the petroleum and electricity sectors…
GM Egypt investments $10 million to manufacture the Chevrolet Move in Egypt
General Motors Egypt celebrates its $10 million investment to manufacture Chevrolet Move.