Business
Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE
November 5, 2018
Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE
The Central Bank of Egypt (CBE) announced on Monday that Egypt’s foreign currency reserves rose by US$42 million in October…
Egypt denies importing Iranian Oil: Petroleum Ministry
November 5, 2018
Egypt denies importing Iranian Oil: Petroleum Ministry
Sources from the Ministry of Petroleum have denied that Egypt has imported any crude oil or oil products from…
Egyptian exports increase by 11% during first 9 months of 2018, report
November 3, 2018
Egyptian exports increase by 11% during first 9 months of 2018, report
Non-oil foreign trade performance indicators for Egypt during January-September this year have increased significantly, a government report announced on…
Egypt Kuwait Holding invests $3B in Minya wood factory
November 2, 2018
Egypt Kuwait Holding invests $3B in Minya wood factory
Egypt Kuwait Holding (EKH) Chairman and CEO Moataz Al-Alfie announced that his company has plans to create a wood…
Egypt jumps 8 ranks in Doing Business 2019 report
November 1, 2018
Egypt jumps 8 ranks in Doing Business 2019 report
The World Bank and the International Finance Corporation (IFC) have announced that Egypt has jumped eight ranks in the Doing…
Another exec out amid sex harassment tension at Google
November 1, 2018
Another exec out amid sex harassment tension at Google
Google parent Alphabet on Wednesday confirmed that an executive accused of sexual harassment left the company without an exit package…
Japan anti-trust authorities to investigate tech giants
November 1, 2018
Japan anti-trust authorities to investigate tech giants
Japan’s anti-trust authorities will probe whether tech giants such as Google and Amazon are using their market-leader positions to exploit…
Egyptian MPs prepare draft law for progressive taxes on income
October 31, 2018
Egyptian MPs prepare draft law for progressive taxes on income
Parliament member Mostafa Bakry, of the Legislative Committee of the House of Representatives, said that he and MP Mervat…
Egypt’s stock exchange increases by LE4.5 billion
October 31, 2018
Egypt’s stock exchange increases by LE4.5 billion
Egypt’s stock exchange profits increased by LE 4.5 billion on Tuesday, closing in at LE747.6 billion thanks increase of…
Sisi witnesses signing of MoU with Siemens
October 31, 2018
Sisi witnesses signing of MoU with Siemens
President Abdel Fattah al-Sisi witnessed the signing of a Memorandum of Understanding (MoU) between the Egyptian government, represented by…