Business
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…
Egypt utilizes opportunities to increase energy resources: Minister
December 29, 2019
Egypt utilizes opportunities to increase energy resources: Minister
Egypt’s Minister of Electricity and Renewable Energy Mohammed Shaker said on behalf of Prime Minister Mostafa Madbouly, at the opening of…
Egypt announces winners of 1st international bid for oil, gas exploration in the Red Sea
December 29, 2019
Egypt announces winners of 1st international bid for oil, gas exploration in the Red Sea
Egypt’s Minister of Petroleum and Mineral Resources Tarek al-Molla announced on Sunday the results of the first international bid round…
Egypt considers merging state passenger carriers into one company
December 28, 2019
Egypt considers merging state passenger carriers into one company
The Minister of the Public Business Sector Hisham Tawfik said that the government is seeking to restructure passenger transport companies…
Sisi holds meeting with journalists on economy, regional issues
December 26, 2019
Sisi holds meeting with journalists on economy, regional issues
Egyptian President Abdel Fattah al-Sisi met with a number of newspaper editors and media personalities on the sidelines of the…