Business
Suez Canal made record revenues since the start of 2020: SCA head
January 11, 2020
Suez Canal made record revenues since the start of 2020: SCA head
The Chairman and Managing Director of the Suez Canal Authority (SCA) Osama Rabie said that traffic in the Suez Canal…
CBE to issue environmentally friendly polymer banknotes
January 10, 2020
CBE to issue environmentally friendly polymer banknotes
The Central Bank of Egypt will begin printing environmentally-friendly currency made of polymer upon relocation to its new headquarters in…
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…