Business
Egypt ministers, execs gather for 5th CEOs Thoughts Conference
November 30, 2018
Egypt ministers, execs gather for 5th CEOs Thoughts Conference
This year’s conference will be held at Cairo Marriott Hotel, Zamalek, under the slogan “2019: opportunities and challenges”. Egypt’s fifth…
Oil falls, heading for biggest monthly slide since 2008
November 29, 2018
Oil falls, heading for biggest monthly slide since 2008
LONDON (Reuters) – Oil fell on Thursday, bringing losses for the month so far to 23 percent, marking its…
Saudi Arabia wants united front on oil output; Russia and Nigeria hold out
November 28, 2018
Saudi Arabia wants united front on oil output; Russia and Nigeria hold out
ABUJA/MOSCOW (Reuters) – Saudi Arabia will not cut oil output on its own to stabilize the market, Energy Minister…
IMF to discuss 5th installment of Egypt’s loan in December
November 28, 2018
IMF to discuss 5th installment of Egypt’s loan in December
The Executive Board of the International Monetary Fund (IMF) will meet in late December, to discuss disbursing the fifth…
Total deposits with banking system reach LE3.6 trillion in September: CBE
November 27, 2018
Total deposits with banking system reach LE3.6 trillion in September: CBE
The Central Bank of Egypt (CBE) announced that the total deposits with the banking system, other than the CBE,…
Egypt-Jordan gas flow to resume January
November 27, 2018
Egypt-Jordan gas flow to resume January
Jordanian Minister of Energy and Mineral Resources Hala Zawati said on Monday that Egyptian gas will resume its inflow…
Japan buyers may not load Iran oil after April without waiver extension
November 27, 2018
Japan buyers may not load Iran oil after April without waiver extension
TOKYO (Reuters) – Japanese buyers are unlikely to load Iranian oil after April 1 without an extension of the…
From superstar to suspect: Carlos Ghosn’s crazy week
November 27, 2018
From superstar to suspect: Carlos Ghosn’s crazy week
When Carlos Ghosn’s private Gulfstream jet touched down at Tokyo’s Haneda Airport at around 4:35pm on Monday, November 19,…
Saudi Arabia targets $64 billion in mining revenue by 2030
November 26, 2018
Saudi Arabia targets $64 billion in mining revenue by 2030
CAIRO (Reuters) – Saudi Arabia aims to raise the kingdom’s mining revenues to $64 billion from $17 billion by…
Mitsubishi Motors sacks Ghosn as chairman
November 26, 2018
Mitsubishi Motors sacks Ghosn as chairman
Mitsubishi Motors executives on Monday ousted Carlos Ghosn as chairman following his shock arrest for alleged financial misconduct, capping…