Greek banks must find extra €14bn to survive dire economic downturn

Greece’s four main banks need to find another €14bn (£10bn) of reserves to ensure they could withstand an economic downturn, the European Central Bank...

Businesses in scope: Growth rates in the third quarter

With collapsing oil and energy prices, shifting demographics (rise in the retiring population vs fall in the working age population), and strong currencies, among...

Brazilian waxing and waning

  IN THE past few years, Brazil’s economy has disappointed. It grew by 2.2 per cent a year, on average, during President Dilma Rousseff’s first...

Migrants pour into Greece as economy plunges

Facing possible drowning to escape the horror of war, migrants are trying their luck in Greek waters; writes Ameera Fouad With the plight of war...

Greek shares plunge on first day of market reopen

The nation’s top four lenders - Piraeus Bank, National Bank, Alpha Bank and Eurobank - fell the most, all down 30%, the maximum allowed....
Greek bailout

Greece Requests a Third Aid in Less than Five Years

In a decisive stride towards reforming its economic crisis , Greece, which has been bailed out by the European Union, European Central Bank and...
Former Greek finance minister

In Greece, Reforms ‘going to fail’

As the Greek increased Taxes, Former Greek Finance Minister Yanis Varoufakis has told the BBC that economic reforms imposed on his country by creditors...

Siemens wins UK wind power plant order

Siemens has clinched a major order from Dong Energy to construct an offshore wind power plant with a capacity of 580 MW in Britain. As...

Greece in shock as banks shut

ATHENS: Greeks struggled to adjust to shuttered banks, closed cash machines and a climate of rumors and conspiracy theories on Monday as a breakdown...
Cairo business park

Misr Italia confirms confidence in Egyptian economy  

Misr Italia Group, real estate investment and development leader in Egypt, confirmed its confidence in the future of the Egyptian economy and its growth...

Stay connected

11,242FansLike
58FollowersFollow
- Advertisement -

Latest article

Women honored at EGPS 2019

Minister of Petroleum and Mineral Resources Tarik El-Mulla stressed the increasing role of women in energy sector and in the various...

The Export Development Bank of Egypt opens a new branch in Beni Suef

Mr. Hani Abdul-Jaber, Governor of Beni Suef and Dr. Ahmed Galal, Vice Chairman of the Board of Directors of the Export Development...

Minister of Supply counter traders exaggerated bread pricing at the Journalists City by moving...

Dr. Ali Meselhi, Minister of Supply and Internal Trade, agreed to allocate a moving outlet for the sale of subsidized bread at...
Translate »