Latest Business News
Oil market slides on Syria news
New York's main contract, West Texas Intermediate (WTI) for delivery in October,…
Apple launches iPhone trade-in programme in US
The Wall Street Journal earlier this month reported that Apple had asked…
US stocks drop on Syria concerns
Several leading technology companies had bad days, including Google (down 1.0%), Amazon…
Government unveils new stimulus plan
The interim government adopts an economic reform plan to achieve 3% growth,…
Central bank denies freezing deposits
Bank: “Rumours aim to destroy the confidence in the stability and safety…
Crisis of foreign cash transfers on the Bourse
Submission of the request was made according to the Central Bank of…
Saudi Arabia studies report on Egypt’s financial needs
Egypt’s government has suffered from a $3.2bn monthly budget deficit since last…
Red Sea hotel occupancies expected to decrease 80% as Italy and Russia issue travel warnings against Egypt
Hatem Munir, Secretary of the Red Sea Egyptian Hotel Association stated that…
Blue chip stocks fall on the EGX30 throughout August
EGP 1.5bn in net foreign sales since the beginning of the year