Business
Gold prices rise again after Monday’s unprecedented decline
November 10, 2020
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
November 10, 2020
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
November 9, 2020
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
November 9, 2020
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
November 7, 2020
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
November 7, 2020
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
November 6, 2020
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
November 4, 2020
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
November 3, 2020
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
November 2, 2020
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…