Business
Three ports in Ukraine ready to resume export of wheat to Egypt
July 28, 2022
Three ports in Ukraine ready to resume export of wheat to Egypt
There are three or four ports in Ukraine ready to re-export grain shipments to countries around the world, including Egypt,…
Alibaba stock jumps after announcing Hong Kong primary listing
July 26, 2022
Alibaba stock jumps after announcing Hong Kong primary listing
New York (CNN Business) – Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock.…
We want more direct investments from Europe, Egypt FM
July 24, 2022
We want more direct investments from Europe, Egypt FM
Egyptian Foreign Minister Sameh Shoukry said that his country wants more direct investments from Europe. Shoukry’s remarks came during an…
Global wheat prices fell by 20% after the grain export agreement
July 24, 2022
Global wheat prices fell by 20% after the grain export agreement
Wheat prices fell on global stock exchanges by more than 20 percent on Saturday after Ukraine and Russia signed two…
Egypt signs on $20 million initiative to manufacture smartphones locally
July 23, 2022
Egypt signs on $20 million initiative to manufacture smartphones locally
Egyptian Minister of Communications Amr Talaat conducted an inspection tour on Friday for the the new Vivo Telecom Technology Company…
Sisi meets with French economy minister in Paris
July 22, 2022
Sisi meets with French economy minister in Paris
President Abdel Fattah al-Sisi expressed during a meeting, Friday, in Paris, with the French Minister of Economy and Finance, Bruno…
US dollar rose to highest level in 4 years against the Egypt pound
July 18, 2022
US dollar rose to highest level in 4 years against the Egypt pound
The US dollar exchange rate witnessed an increase with the beginning of trading, on Monday, after a period of…
Europe braces for a potential gas crisis as historic heatwave boosts demand
July 18, 2022
Europe braces for a potential gas crisis as historic heatwave boosts demand
London (CNN Business)Europe is bracing for the potential of a full-blown gas crisis later this week just as an historic heatwave has hiked demand…
Egyptian pound declines to lowest level against US dollar since 2016
July 18, 2022
Egyptian pound declines to lowest level against US dollar since 2016
The price of the Egyptian pound declined against the US dollar to its lowest level in five years at LE18.91…
Egypt can’t take on more fuel subsides amid soaring oil prices: minister
July 13, 2022
Egypt can’t take on more fuel subsides amid soaring oil prices: minister
Egyptian Finance Minister, Mohamed Maait announced Wednesday that the state’s budget cannot continue to bear the additional burden resulting from…