Business

Stock exchange gains LE 5.1 billion on Monday

Stock exchange gains LE 5.1 billion on Monday

Egypt’s benchmark indexes have recorded varied prices during Monday’s closing session. Investment funds and Arab institutions issued purchase orders on…
British business groups appeal for Brexit transition period

British business groups appeal for Brexit transition period

Five of Britain’s biggest business groups are calling on the government to quickly agree to a transition period of at…
US dollar exchange rate stable during Sunday trading

US dollar exchange rate stable during Sunday trading

The US dollar exchange rate was stable against the Egyptian pound at the beginning of Sunday morning trading within Egypt…
3 Persian Gulf states lift ban on Egypt agricultural crops, minister

3 Persian Gulf states lift ban on Egypt agricultural crops, minister

Minister of Agriculture and Land Reclamation, Abdel Moneim al-Banna, said on Sunday that Bahrain, Kuwait, and the UAE have agreed…
Kuwait, Bahrain lift ban on Egyptian agricultural exports

Kuwait, Bahrain lift ban on Egyptian agricultural exports

Minister of Agriculture, Abdel Moneim al-Banna, announced the temporary lifting of the ban on Egyptian agricultural exports of peppers, lettuce,…
Saudi needs Aramco billions as recession slows austerity drive

Saudi needs Aramco billions as recession slows austerity drive

Saudi Arabia’s plans to sell state assets – including a stake in energy giant Saudi Aramco – are becoming even…
Suez Canal revenues up to USD 4.3 billion in 2017: SCZone Chairman

Suez Canal revenues up to USD 4.3 billion in 2017: SCZone Chairman

The chairman of Suez Canal Authority (SCA) and SCZone — the Suez Canal Economic Zone, Mohab Mamish, announced on Wednesday that the…
Norwegian firms signs $3B deal with Iran for solar panels

Norwegian firms signs $3B deal with Iran for solar panels

Norwegian solar panel maker Saga Energy has signed a deal worth 2.5 billion euros ($2.9 billion) with Iran’s state-owned company…
US dollar prices record slight decline Wednesday

US dollar prices record slight decline Wednesday

The exchange rate for the US dollar against the Egyptian pound maintained its price during banking dealings, on Wednesday. According…
Airbus teams up with Canada’s Bombardier

Airbus teams up with Canada’s Bombardier

In the face of a bitter trade dispute with Boeing, Airbus announced it would take a majority stake in Bombardier’s…
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