Business
China vows to hit back as Trump targets $200bn in goods
September 18, 2018
China vows to hit back as Trump targets $200bn in goods
China on Tuesday vowed to retaliate against the United States and warned of “uncertainty” in trade talks after President…
Amazon investigating claims of employees leaking data for bribes
September 17, 2018
Amazon investigating claims of employees leaking data for bribes
Amazon.com Inc (AMZN.O) said on Monday it was investigating suspected internal leaks of confidential information by its employees for…
Egypt contracts PRL to purchase 50 new locomotives
September 17, 2018
Egypt contracts PRL to purchase 50 new locomotives
Egyptian Railways Authority signed a memorandum of understanding with Progress Rail Locomotives (PRL), for the maintenance and upgrading of…
Egypt signs two new oil drilling agreements
September 16, 2018
Egypt signs two new oil drilling agreements
The Ministry of Petroleum and Mineral Resources has signed two new oil and gas exploration agreements to explore two…
Egypt names HSBC lead bank for listing of Alexandria Mineral Oils Company
September 14, 2018
Egypt names HSBC lead bank for listing of Alexandria Mineral Oils Company
CAIRO (Reuters) – Egypt has named HSBC as lead bank to manage a public offering for a 20 percent…
French companies to increase investment in Egypt
September 12, 2018
French companies to increase investment in Egypt
A number of French companies have announced that they will increase investment in Egypt, in a meeting with Investment…
New AUC cultural center to be funded by Naguib Sawaris
September 11, 2018
New AUC cultural center to be funded by Naguib Sawaris
The American University of Cairo (AUC) is to create a new cultural center on its campus, after signing a…
Egypt’s annual inflation fell to 13.6 % in August: CAPMAS
September 11, 2018
Egypt’s annual inflation fell to 13.6 % in August: CAPMAS
Egypt’s monthly inflation rate was recorded at 1.7 percent in August, compared with 2.5 percent in July, while its…
Alibaba’s Jack Ma to step down in 2019, pledges smooth transition
September 10, 2018
Alibaba’s Jack Ma to step down in 2019, pledges smooth transition
Alibaba co-founder Jack Ma announced on Monday he would step down as head of the pioneering Chinese e-commerce giant…
Egypt to choose sovereign wealth fund manager in global competition: Planning Minister
September 9, 2018
Egypt to choose sovereign wealth fund manager in global competition: Planning Minister
Minister of Planning, Monitoring and Administrative Reformation Hala al-Said stated on Saturday that a ministerial committee would choose the…