Business
Profile – Nevine Gamea, first woman since 2013 to become Minister of Commerce and Industry
December 23, 2019
Profile – Nevine Gamea, first woman since 2013 to become Minister of Commerce and Industry
Nevine Gamea has become the first woman to assume the post of Minister of Commerce and Industry since June 30,…
Egypt’s agriculture exports jump to over 5 million tons in 2019
December 21, 2019
Egypt’s agriculture exports jump to over 5 million tons in 2019
Egyptian agricultural exports increased to more than five million tons between January and December 2019, according to a report from…
US dollar exchange rate in Egypt declines under LE16 mark
December 17, 2019
US dollar exchange rate in Egypt declines under LE16 mark
The US dollar exchange rate made a new record decline against the Egyptian pound, falling below the LE16 mark for…
Egypt’s Investment Minister, US delegation discuss boosting American investments in Egypt
December 16, 2019
Egypt’s Investment Minister, US delegation discuss boosting American investments in Egypt
Egyptian Minister of Investment and International Cooperation Sahar Nasr met on Monday with a delegation from the United States Senate…
CBE announces LE50 billion support plan for Egypt’s tourism sector
December 15, 2019
CBE announces LE50 billion support plan for Egypt’s tourism sector
The Central Bank of Egypt (CBE) announced on Sunday the largest financing plan to support the tourism industry, which includes…
Saudi Aramco gains 10% in debut to clinch top seat at $1.8T
December 11, 2019
Saudi Aramco gains 10% in debut to clinch top seat at $1.8T
RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market…
Egypt’s inflation rate hits 2.7%: CAPMAS
December 11, 2019
Egypt’s inflation rate hits 2.7%: CAPMAS
Egypt’s annual inflation rate has hit 2.7 percent this month, up from 2.4 percent in October and compared to 15.6…
Cabinet sets 5 conditions for granting Egyptian nationality to foreigners
December 11, 2019
Cabinet sets 5 conditions for granting Egyptian nationality to foreigners
The Egyptian Cabinet approved on Tuesday a draft law to regulate granting Egyptian nationality, setting five conditions, according to the…
Saudi Aramco starts trading after record $25.6 billion IPO
December 11, 2019
Saudi Aramco starts trading after record $25.6 billion IPO
RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco is listed and started trading on the Saudi Tadawul stock…
Automotive companies turn to social media for marketing
December 10, 2019
Automotive companies turn to social media for marketing
Dealers in the automotive sector believe that social media has become a marketing platform for cars in a way that…