Economy
Geldof’s fund 8 Miles eyes more Egyptian, African investments: interview
April 27, 2016
Geldof’s fund 8 Miles eyes more Egyptian, African investments: interview
Bob Geldof's private equity fund plans to acquire more stakes in African firms before the end of the year, the…
Eastern Libya ships first oil cargo in defiance of Tripoli
April 27, 2016
Eastern Libya ships first oil cargo in defiance of Tripoli
A government based in eastern Libya has shipped its first cargo of crude in defiance of authorities in the capital…
Egypt’s central bank sells US$118.7 million at Tuesday auction
April 26, 2016
Egypt’s central bank sells US$118.7 million at Tuesday auction
Egypt's central bank sold US$118.7 million at its regular rate of 8.78 to the dollar at Tuesday's sale.Egypt's pound strengthened…
New website makes for easy trip bookings to Egypt: Tourism Minister
April 26, 2016
New website makes for easy trip bookings to Egypt: Tourism Minister
Tourism Minister Mohamed Yehia Rashed has said that his ministry is overhauling the operations of its various wings through new…
Exclusive: SWIFT warns customers of multiple cyber fraud cases
April 26, 2016
Exclusive: SWIFT warns customers of multiple cyber fraud cases
SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday…
German tour operator suspends flights to Egypt upon disputes with minister
April 26, 2016
German tour operator suspends flights to Egypt upon disputes with minister
Germany’s fourth-biggest tour operator, FTI, has suspended its trips to Egypt upon a disagreement between its officials and Egyptian Tourism…
Taking on Tesla: China’s Jia Yueting aims to outmuscle Musk
April 25, 2016
Taking on Tesla: China’s Jia Yueting aims to outmuscle Musk
Tomorrow's cars will be all-electric, self-driving, connected to high-speed communications networks ... and free.And probably Chinese.That, at least, is the…
Obama, Merkel push for TTIP trade deal as foreign crises weigh
April 25, 2016
Obama, Merkel push for TTIP trade deal as foreign crises weigh
U.S. President Barack Obama said on Sunday he would do whatever he could to advance a controversial trade deal with…
IMF says it’s encouraged by Gulf’s economic reform plans
April 25, 2016
IMF says it’s encouraged by Gulf’s economic reform plans
The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters…
China ban on Apple services is a challenge for key growth area
April 24, 2016
China ban on Apple services is a challenge for key growth area
The blocking of Apple mobile entertainment services in China poses fresh challenges for the tech company as it prepares to…