Business

Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE

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

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

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

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

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

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

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

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

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

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…
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