Business

Central Bank of Egypt discusses opening country to international banks

Central Bank of Egypt discusses opening country to international banks

  The Central Bank of Egypt (CBE) held a meeting on Tuesday, to discuss allowing international banks to open branches…
World feels sting of US Federal Reserve

World feels sting of US Federal Reserve

JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
In 2019, Mideast economic troubles loom as wars wind down

In 2019, Mideast economic troubles loom as wars wind down

  AMMAN, Jordan (AP) — As the Middle East ushers in 2019, the decade’s ruinous conflicts in Syria, Yemen, Libya…
Nissan meets to replace Ghosn, as tensions with Renault grow

Nissan meets to replace Ghosn, as tensions with Renault grow

  The board of automaker Nissan was meeting Monday to discuss a replacement for former chairman Carlos Ghosn after his…
Sadat Academy to hold conference on economic happiness

Sadat Academy to hold conference on economic happiness

For the first time in Egypt, Sadat Academy for Management Sciences (SAMS) will hold a conference on “Economic Happiness” on…
CBE to release plastic banknotes by 2020

CBE to release plastic banknotes by 2020

Central Bank of Egypt (CBE) Governor Tarek Amer said Wednesday that the new plastic banknotes the CBE intends to release…
Global economy in 2019: Growth beginning to fray

Global economy in 2019: Growth beginning to fray

American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest…
Tourism contributes $72.8bn to African economy: Mashat

Tourism contributes $72.8bn to African economy: Mashat

The tourism sector’s direct contribution to the African economy in 2017 reached $72.8 billion and is expected to reach $90.6…
Thirty agreements at $3.5 bn signed at ‘Africa 2018’ forum

Thirty agreements at $3.5 bn signed at ‘Africa 2018’ forum

  The “Africa 2018” forum, which concluded on Monday, announced seven important decisions at the end of the forum alongside…
EU launches initiative to increase Egyptian exports

EU launches initiative to increase Egyptian exports

The European Union launched an initiative to increase Egyptian exports through financing a new project launched by the Engineering Export…
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