Business
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…
Egypt’s exports expect to hit $200bn in 2030: CBE deputy governor
December 9, 2019
Egypt’s exports expect to hit $200bn in 2030: CBE deputy governor
Egypt’s imports are expected to reach about US$150 billion in 2030, and exports to reach US$200 billion, the Deputy Governor…
Head of Suez Canal Economic Zone, Chinese officials discuss TEDA projects
December 9, 2019
Head of Suez Canal Economic Zone, Chinese officials discuss TEDA projects
Head of the Suez Canal Economic Zone (SCZone) Yehia Zaki held a meeting on Monday with a Chinese delegation from…
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
December 9, 2019
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
CAIRO, Dec 8 (Reuters) – Egypt’s spending on fuel subsidies dropped by about 69 percent year on year to 7.25…
Mubarak-era minister makes first public appearance at Rome Med 2019
December 9, 2019
Mubarak-era minister makes first public appearance at Rome Med 2019
The Mubarak-era’s former Trade and Industry Minister Rachid Mohamed Rachid made his first public appearance on Friday at the Mediterranean…