Business
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…
Oil price jumps on fear of Iranian retaliation against US
January 3, 2020
Oil price jumps on fear of Iranian retaliation against US
LONDON (AP) — The price of oil surged Friday on concerns that Iran might respond to the killing of its…
Egypt begins exports to 12 new foreign markets in 2018/2019
January 1, 2020
Egypt begins exports to 12 new foreign markets in 2018/2019
Egyptian crops entered 12 new foreign markets in the year 2018/2019, and the government succeeded in lifting bans and additional…
Egypt’s current production numbers should stabilize tomato prices through Spring: Agriculture Ministry
December 31, 2019
Egypt’s current production numbers should stabilize tomato prices through Spring: Agriculture Ministry
Egypt’s Agricultural Ministry said on Tuesday that production numbers for tomatoes grown in the country should mean that prices will…
Egyptian authorities impose rules on Uber to acquire Careem
December 29, 2019
Egyptian authorities impose rules on Uber to acquire Careem
The Egyptian Competition Authority (ECA) on Monday said it has imposed commitments on Uber, which Uber has agreed to comply…