Business

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…
Egypt has 1,100 informal markets in need of LE44 billion for development: Parliamentarian

Egypt has 1,100 informal markets in need of LE44 billion for development: Parliamentarian

The Head of the Egyptian Parliament’s Local Administration Committee Ahmed al-Segeny on Sunday announced that there are a total of…
Mashat: Egypt tops region’s chart in implementing UN Sustainable Development Goals

Mashat: Egypt tops region’s chart in implementing UN Sustainable Development Goals

The Egyptian Minister of International Cooperation, Rania al-Mashat, said on Tuesday that Egypt outscored all other Arab countries by 50…
Gold prices decline in Egyptian market, 21-karat at LE 830

Gold prices decline in Egyptian market, 21-karat at LE 830

Gold prices declined in Egypt on Monday, as the price of 21-karat gold (the market’s highest selling gold) fell by…
Egyptian bank CIB says chairman stepping down

Egyptian bank CIB says chairman stepping down

CAIRO (Reuters) – Commercial International Bank (CIB) Chairman Hisham Ezz al-Arab is stepping down with immediate effect under orders from…
Egypt receives US$9.5 million grant from Japan to fight COVID-19

Egypt receives US$9.5 million grant from Japan to fight COVID-19

Minister of International Cooperation Rania al-Mashat on Wednesday signed a Japanese grant agreement with Japan’s ambassador to Cairo Masaki Noke…
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