Business
Stock exchange gains LE 5.1 billion on Monday
October 23, 2017
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
October 23, 2017
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
October 22, 2017
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
October 22, 2017
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
October 20, 2017
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
October 19, 2017
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
October 19, 2017
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
October 18, 2017
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
October 18, 2017
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
October 17, 2017
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…