Business
Egypt buys 300,000 tons of wheat from Russia, Ukraine, Romania
January 9, 2020
Egypt buys 300,000 tons of wheat from Russia, Ukraine, Romania
Egypt’s government has purchased 300,000 tons of wheat from Russia, Ukraine and Romania through global tenders, sources at Egypt’s General…
Back from the brink, back to the bull run
January 9, 2020
Back from the brink, back to the bull run
LONDON (Reuters) — World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran…
Oil up, stocks down after Iran missile attack on US troops
January 8, 2020
Oil up, stocks down after Iran missile attack on US troops
BEIJING (AP) — Oil prices rose and Asian stock markets fell Wednesday after Iran fired missiles at U.S. bases in…
Gold, oil prices retreat, shares rebound in Asian trading
January 7, 2020
Gold, oil prices retreat, shares rebound in Asian trading
BANGKOK (AP) — Shares advanced in Asia Tuesday following modest gains on Wall Street despite caution over rising tensions between…
Egypt ready to deal with regional geopolitical changes: Finance Minister
January 7, 2020
Egypt ready to deal with regional geopolitical changes: Finance Minister
Egyptian Finance Minister Mohamed Maait said on Monday that his country’s government was ready to deal with geopolitical changes in…
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
January 6, 2020
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Egypt’s foreign currency reserves increased to US$45.42 billion in December compared to $45.35 billion in November, the Central Bank of…
Central Bank of Egypt suspends banking work on Tuesday
January 6, 2020
Central Bank of Egypt suspends banking work on Tuesday
The Central Bank of Egypt has suspended work for local and foreign banks in Egypt on Tuesday as part of…
Gold jumps to near seven-year high on U.S.-Iran tensions; palladium breaches $2,000
January 6, 2020
Gold jumps to near seven-year high on U.S.-Iran tensions; palladium breaches $2,000
(Reuters) — Gold surged close to a seven-year peak on Monday, as investors flocked to the safe-haven metal on escalating U.S.-Iran…
Suez Canal tolls increase 5% for dry bulk vessels and LPG carriers on April: SCA
January 5, 2020
Suez Canal tolls increase 5% for dry bulk vessels and LPG carriers on April: SCA
The Chairman and Managing Director of the Suez Canal Authority (SCA) Osama Rabie announced a five percent increase on Suez…
Uber completes acquisition of Careem for US$ 3.1 billion
January 4, 2020
Uber completes acquisition of Careem for US$ 3.1 billion
Uber announced on Thursday that it has completed its acquisition of Careem for $3.1 billion – Careem Networks is now…