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Gold prices rise again after Monday’s unprecedented decline

Gold prices rise again after Monday’s unprecedented decline

After a historic drop of LE38 on Monday, the price of gold rose again Tuesday morning, recording an increase of…
Egypt, European Investment Bank to sign €1.1 billion financing agreement for upcoming major projects

Egypt, European Investment Bank to sign €1.1 billion financing agreement for upcoming major projects

Egypt’s Ministry of Transportation agreed on Monday to sign a financing agreement worth €1.1 billion with the European Investment Bank (EIB)…
Dollar hits ten-week low following US presidential election

Dollar hits ten-week low following US presidential election

The US dollar fell to its lowest level in ten weeks on Monday, with investors buying trade-exposed currencies in anticipation…
FEC: Egyptian food exports up 2 percent this year

FEC: Egyptian food exports up 2 percent this year

The Food Export Council (FEC) in Egypt announced on Monday that the country’s processed food exports from January to September…
Egypt’s credit rating maintains stable outlook: Standard and Poor’s

Egypt’s credit rating maintains stable outlook: Standard and Poor’s

Standard and Poor’s (S&P) has kept Egypt’s credit rating in domestic and hard currencies at level B, maintaining a stable…
Egypt plans LE2.86 bn investments for Luxor during 2020/2021

Egypt plans LE2.86 bn investments for Luxor during 2020/2021

Luxor will see 174 development projects with a total public investment of LE2.86 billion as part of the country’s investment…
Cabinet denies reports of EgyptAir’s privatization

Cabinet denies reports of EgyptAir’s privatization

The Egyptian Cabinet said on Friday that the rumors alleging the government’s plans to privatize EgyptAir for the benefit of…
Analysts’ View: World markets whipsaw on knife-edge US election

Analysts’ View: World markets whipsaw on knife-edge US election

(Reuters) – US stock market futures struggled for direction amid some wild swings while longer dated Treasury yields buckled on…
Minister of Trade witnesses signing of contracts to combat irregular immigration

Minister of Trade witnesses signing of contracts to combat irregular immigration

Minister of Trade and Industry and Executive Director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Nevine Gamea…
EJB tourism committee President: Egypt recovering despite pandemic, now is the time to rebuild

EJB tourism committee President: Egypt recovering despite pandemic, now is the time to rebuild

President of the Egyptian Junior Business Association’s (EJB) Tourism and Aviation Committee and businessman Mohamed Kaoud said in a recent…
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