Business
Egypt, France enter top-level negotiations on car investment
October 23, 2018
Egypt, France enter top-level negotiations on car investment
Head of the Commercial Office in the Egyptian Embassy in France Gamal Faisal said on Monday that Egypt has made…
Egypt selected ‘Africa’s best investment destination’ for second year in row: Rand Merchant Bank
October 22, 2018
Egypt selected ‘Africa’s best investment destination’ for second year in row: Rand Merchant Bank
Egypt’s Minister of Investment Sahar Nasr praised Rand Merchant Bank’s (RMB) choice of Egypt as the best investment destination…
Saudi, Russian oil output unable to compensate for Iranian crude: Zanganeh
October 22, 2018
Saudi, Russian oil output unable to compensate for Iranian crude: Zanganeh
DUBAI (Reuters) – Iranian oil output cannot be replaced by other oil producing countries if Tehran is hit by…
LuLu to inject $500mn in Egypt, establish new hypermarkets
October 22, 2018
LuLu to inject $500mn in Egypt, establish new hypermarkets
Egypt’s government approved on Sunday the Indian hypermarket group LuLu’s $500 million cash transfer to the Egyptian market, aiming to…
Egypt on the right track, Finance Minister says before meeting IMF mission
October 21, 2018
Egypt on the right track, Finance Minister says before meeting IMF mission
Egyptian Finance Minister Mohamed Maait said on Saturday that he would hold a meeting later this week with the…
ERBD injects €4bn investments in Egypt since 2012: Director
October 21, 2018
ERBD injects €4bn investments in Egypt since 2012: Director
The European Bank for Reconstruction and Development’s (ERBD) Regional Director for the Southern and Eastern Mediterranean region, Gantt Hickman, said…
Germany urges global minimum tax for digital giants
October 21, 2018
Germany urges global minimum tax for digital giants
German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal regime for…
Egypt cuts fees for ships arriving at East Port Said
October 19, 2018
Egypt cuts fees for ships arriving at East Port Said
CAIRO (Reuters) – Egypt will reduce the tariffs on container ships and ferries coming from foreign ports to East…
At Facebook, public funds join push to remove Zuckerberg as chairman
October 18, 2018
At Facebook, public funds join push to remove Zuckerberg as chairman
(Reuters) – Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer…
Exxon Mobil bets big on China LNG, sidesteps trade war
October 18, 2018
Exxon Mobil bets big on China LNG, sidesteps trade war
HOUSTON/SINGAPORE (Reuters) – In the middle of a Sino-U.S. trade war, the world’s largest publicly traded oil and gas company…