Business

Growth rate in last quarter of fiscal year 2016/2017 reached 5%: minister

Growth rate in last quarter of fiscal year 2016/2017 reached 5%: minister

The growth rate in the last quarter of the fiscal year 2016/2017 reached 5 percent,  stimulated by the growth of…
Global policy forum kicks off Tuesday in Sharm El-Sheikh amid tight security

Global policy forum kicks off Tuesday in Sharm El-Sheikh amid tight security

Tight security measures were imposed in Sharm El-Sheikh city between the airport and the Conference Hall, where the Financial Inclusion…
Annual inflation rate hits 33.2% in August: CAPMAS

Annual inflation rate hits 33.2% in August: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Monday that annual inflation rates receded to 33.2 percent…
French wheat shipment, infected with poppy seeds, removed

French wheat shipment, infected with poppy seeds, removed

The Plant Quarantine Department in Port Safaga blocked a 59,000-ton shipment of French wheat on Sunday, imported for the Public Authority…
Uber to stop using diesel cars in London by end 2019

Uber to stop using diesel cars in London by end 2019

Uber [UBER.UL] will cease using diesel cars in London by the end of 2019 and the vast majority of rides…
Jushi company signs contract to expand projects in Suez Canal Economic Zone

Jushi company signs contract to expand projects in Suez Canal Economic Zone

Vice President of the Suez Canal Economic Zone Authority of the Southern Region, Major General Mahfouz Abdelrahman Taha, and Chairman…
Global shares mostly lower on hurricane, North Korea worries

Global shares mostly lower on hurricane, North Korea worries

Global shares mostly slipped Friday on worries about the damage from Hurricane Irma in the US, as well as lingering…
Oil firms as US Gulf refineries restart, dollar softens

Oil firms as US Gulf refineries restart, dollar softens

Brent oil prices firmed on Thursday, hovering near 3-1/2-month highs as US refiners restarting after Tropical Storm Harvey increased their…
Mobile network operators raise roaming tariffs in Egypt

Mobile network operators raise roaming tariffs in Egypt

Vodafone, Orange and Etisalat raised the fee of their international roaming services in Egypt according to the type of roaming…
Egypt’s foreign reserves surge to $36.1 in August: CBE

Egypt’s foreign reserves surge to $36.1 in August: CBE

Egypt’s foreign reserves increased to $US 36.143 billion in August from $US 36.036 in July, surpassing, for first time, pre-January…
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