Latest Business News
Currency exchange rates see relative stability after Eid El-Fitr break
By Waleed Abdel Azim The exchange rates of different currencies have stabilised…
The EGPC issues new bid round for 20 blocks
By Islam Serour The Egyptian General Petroleum Corporation(EGPC) announced a new bid…
Ministry of Electricity ready with third contingency plan
By Salah Elmenoufy The Ministry of Electricity (MOE) determined the new sites…
Spain borrowing costs dip but crunch looms
Spain still facing a huge repayment crunch, warned analysts
IMF Managing Director arrives in Cairo
Lagarde to meet Hesham Qandil, Morsy to discuss economic and reform programme
Syria’s battling economy may hold on with help from friends
Russia, Iran and Iraq may support the Syrian economy, despite of the…
Beltone Financial forms joint-venture with Altree Capital
By Islam Serour Beltone Financial, a leading assets management company in Egypt,…
Maridive posts $22.8m in losses during first half of 2012
MOIL Egypt facing a tough fiscal position, losses $22.7 millions in the…
Asian markets higher despite eurozone uncertainty
Asian markets remain higher, following Germany refusal to take action towards the…