Latest Business News
Turkish lira at record low, threatening growth
The lira touched 2.0839 to the dollar before climbing back to 2.0696,…
Oil hits 28-month high in US on Syria tensions
The New York benchmark, West Texas Intermediate (WTI) for October delivery, shot…
Suez Canal revenues increase to $483m
The report further showed that total deposits for Egypt’s Central Auditing Organization…
Net foreign reserves surge to $18.91bn
Around $34m increase between July and August 2013
AFP INFOGRAPHIC: Samsung’s new smartwatch
Samsung's new smartwatch allows users to make calls, receive texts and emails…
Banks demand security
Egyptian Trade Union Federation asks interior ministry for extra security at bank…
NBE to defer EGP5bn in loan payment installments
The National Bank of Egypt (NBE) will defer EGP5bn of debt payment…
Gold retailers slowly resume business
The price of gold increased Tuesday, with 21 carat gold increasing EGP6…
Galal to Beltone Financial: Egypt targeting budget deficit of 9% in 2013-2014
The conference call is the second held by Beltone following last week’s…
Egyptian banks register profits despite economic uncertainties
Faisal Islamic Bank of Egypt announced net profits worth EGP 370.816m in…