Business
World Bank expresses content with “Takafol w Karama” accomplishments: Social Solidarity Minister
May 26, 2018
World Bank expresses content with “Takafol w Karama” accomplishments: Social Solidarity Minister
A delegation from the World Bank met with Minister of Social Solidarity Ghada Wali on Friday to review the accomplishments…
Egypt, Russia sign agreement for Russia’s Suez Canal industrial zone
May 24, 2018
Egypt, Russia sign agreement for Russia’s Suez Canal industrial zone
After two years of negotiations Egypt and Russia signed an agreement on Wednesday to establish the Russian industrial zone in…
Egypt-Saudi electricity power link project to start in 2021
May 23, 2018
Egypt-Saudi electricity power link project to start in 2021
Egypt’s Ministry of Electricity announced that it will sign contracts for the electricity interconnection network with Saudi Arabia by…
7keema is named best Egyptian startup at 2018 Seedstars World Competition
May 22, 2018
7keema is named best Egyptian startup at 2018 Seedstars World Competition
An Egyptian application titled “7keema” has been named as the best startup in Egypt at the 2018 Seedstars world…
Egyptian tycoon Sawiris seeks to control group owning banks in 12 African countries
May 21, 2018
Egyptian tycoon Sawiris seeks to control group owning banks in 12 African countries
Beltone Financial, one of Egypt’s largest investment banks affiliated with business tycoon Naguib Sawiris, said on Sunday that the…
Financial experts opine about decline in pound rate against US dollar
May 18, 2018
Financial experts opine about decline in pound rate against US dollar
The average official exchange rate of the US dollar against the Egyptian pound in the Central Bank of Egypt (CBE)…
Oil hits $80, highest since Nov 2014, on Iran concerns
May 17, 2018
Oil hits $80, highest since Nov 2014, on Iran concerns
Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports…
US dollar price increases significantly Wednesday
May 16, 2018
US dollar price increases significantly Wednesday
The US dollar exchange rate witnessed a notable increase against the Egyptian pound on Wednesday reaching an average of…
Egypt’s banks working hours to end at 1:30 pm in Ramadan: CBE
May 15, 2018
Egypt’s banks working hours to end at 1:30 pm in Ramadan: CBE
The Central Bank of Egypt (CBE) stated on Tuesday that the bank’s working hours during Ramadan will start at 9:30…
Egyptian businessman selected as among global list of 100 young leaders under 40
May 13, 2018
Egyptian businessman selected as among global list of 100 young leaders under 40
The World Economic Forum (WEF) has selected Riad Armanious, the Chief Executive Officer (CEO) of EVA Pharma as among the…