Economy
Egypt’s urban inflation falls in March for third consecutive month
April 11, 2016
Egypt’s urban inflation falls in March for third consecutive month
Egypt's annual urban consumer inflation eased for the third consecutive month in March to 9 percent from 9.1 percent in…
Egypt has high hopes for tourism despite setbacks: new minister
April 11, 2016
Egypt has high hopes for tourism despite setbacks: new minister
Egypt is confident of luring back millions of foreign visitors and putting a smile on their faces, according to its…
US banks’ dismal first quarter may spell trouble for 2016
April 11, 2016
US banks’ dismal first quarter may spell trouble for 2016
It is only April, but some on Wall Street are already predicting a rotten 2016 for US banks.Analysts say it…
Gulf bourses wobble in early trade
April 11, 2016
Gulf bourses wobble in early trade
Stock markets in the Gulf wobbled in early trade on Monday as investors cashed out of stocks in anticipation of…
Italy mulls establishing three logistic zones in Egypt: minister
April 10, 2016
Italy mulls establishing three logistic zones in Egypt: minister
Italy is mulling the creation of three logistics zones in Egypt to preserve and store grains, vegetables and fruits, and…
Egypt, Saudi Arabia sign 36 agreements worth up to US$25 billion
April 10, 2016
Egypt, Saudi Arabia sign 36 agreements worth up to US$25 billion
Egypt and Saudi Arabia have signed 36 agreements and memorandums of understanding (MoUs) representing Saudi investments of up to US$25…
Egypt may gain after Saudi King visit; Gulf may firm
April 10, 2016
Egypt may gain after Saudi King visit; Gulf may firm
Egypt's stock market may rise on Sunday after a visit by Saudi Arabia's King Salman unveiled multi-billion dollar investment plans,…
Govt. targets 8% development rate of local industry: minister
April 9, 2016
Govt. targets 8% development rate of local industry: minister
The Trade and Industry Ministry is aiming to grow local industry by eight percent annually, thus binging its contribution to…
Workers protest as Greece sells Piraeus Port to China COSCO
April 9, 2016
Workers protest as Greece sells Piraeus Port to China COSCO
Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation on Friday, while striking dockworkers protested against…
Mobile syndicate urges phone dealers to comply with regulations
April 9, 2016
Mobile syndicate urges phone dealers to comply with regulations
The Communications and Mobile Syndicate has urged mobile phone companies operating in the local market to submit the necessary documentation…