Economy
Apple, Google, Uber join fight against Trump travel ban
February 6, 2017
Apple, Google, Uber join fight against Trump travel ban
Dozens of tech companies, including behemoths like Apple, Google, and Facebook, are siding with Washington state and Minnesota as they…
Egypt’s foreign reserves rise to US$26.363 bn at end of January
February 6, 2017
Egypt’s foreign reserves rise to US$26.363 bn at end of January
Egypt's net foreign reserves rose to US$26.363 billion at the end of January from US$24.265 billion as of the end…
Oil prices rise as investors pour fresh cash into crude futures
February 6, 2017
Oil prices rise as investors pour fresh cash into crude futures
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose…
IMF to review Egypt’s economic reforms progress before second loan tranche
February 4, 2017
IMF to review Egypt’s economic reforms progress before second loan tranche
A delegation from the International Monetary Fund (IMF) started meetings in Cairo with ministers of the economic group of the…
Trump ignites political fight over US banking law reforms
February 4, 2017
Trump ignites political fight over US banking law reforms
US President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008…
Oil pushes higher on worries over new US sanctions on Iran
February 3, 2017
Oil pushes higher on worries over new US sanctions on Iran
Oil prices edged higher on Friday in response to the possibility of new sanctions on Iran after US President Donald…
Emirates airline in Egypt slashes ticket prices to 12 destinations
February 2, 2017
Emirates airline in Egypt slashes ticket prices to 12 destinations
Emirates airline in Egypt has reduced the prices of roundtrip tickets to 12 destinations by up to 40 percent on…
Siemens announces world record by connecting 4.8 GW to Egypt’s national grid
February 2, 2017
Siemens announces world record by connecting 4.8 GW to Egypt’s national grid
Siemens announced that it achieved a new world record for the execution of fast-track power projects in Egypt by connecting 4.8…
Online travel agents pin hopes on mid-year holidays, payment in installments
February 1, 2017
Online travel agents pin hopes on mid-year holidays, payment in installments
Online travel agents have faced momentous challenges affecting their businesses since the flotation of the Egyptian pound in November, but…
Wali honors Egypt’s top 50 women, best companies in economy
February 1, 2017
Wali honors Egypt’s top 50 women, best companies in economy
Minister of Social Solidarity Ghada Wali participated in a ceremony yesterday honoring the Top 100 Companies in Egypt, and the…