Business

Microsoft could lose big if it curbs sales in Russia: minister

Microsoft could lose big if it curbs sales in Russia: minister

Microsoft could lose billions of dollars if it chooses to restrict its Russian clients due to sanctions, Russian communications minister…
50 Turkish, Qatari investors to participate in Egypt Investment Forum

50 Turkish, Qatari investors to participate in Egypt Investment Forum

The Federation of Egyptian Chambers of Commerce (FEDCOC) said Monday that a delegation of 50 investors from Turkey and Qatar…
US dollar records fluctuating prices on Monday

US dollar records fluctuating prices on Monday

The US dollar witnessed fluctuating exchange rates against the Egyptian Pound during the banking dealings on Monday. According to the…
Dollar wallows near three-year lows on US government shutdown

Dollar wallows near three-year lows on US government shutdown

The dollar was pinned near a three-year low on Monday as a US government shutdown encouraged investors to add to…
US dollar exchange rate maintains prices against Egypt pound

US dollar exchange rate maintains prices against Egypt pound

US dollar exchange rates witnessed relative stability against the Egyptian pound during banking dealings on Sunday. According to the latest…
Self-sufficiency rates of wheat, meat, rice decline: CAPMAS

Self-sufficiency rates of wheat, meat, rice decline: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) stated on Sunday that Egypt’s self-sufficiency rate of wheat went down…
US dollar declines slightly against Egyptian pound

US dollar declines slightly against Egyptian pound

The US dollar exchange rates witnessed slight decline against the Egyptian pound during dealings on Thursday. According to the last…
AFDB approves third $500 mln tranche in support for Egypt’s reform program

AFDB approves third $500 mln tranche in support for Egypt’s reform program

In support of the country’s effort to improve Egyptians’ quality of life, the African Development Bank approved the disbursement of…
Zimbabwe president says his nation is ‘open for business’ ahead of Davos

Zimbabwe president says his nation is ‘open for business’ ahead of Davos

Zimbabwe is “open for business” and foreign investment in the southern African country is safe, President Emmerson Mnangagwa said on…
Fitch Ratings raises Egypt’s financial outlook to ‘positive’

Fitch Ratings raises Egypt’s financial outlook to ‘positive’

Fitch Ratings Inc., one of the three biggest credit rating agencies in the world, raised Egypt’s long-term Foreign-Currency Issuer Default…
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