Business

Oman counts on Chinese billions to build desert boomtown

Oman counts on Chinese billions to build desert boomtown

In the remote desert along Oman’s southern coast, construction machines hired by a Chinese consortium are leveling an expanse of…
US dollar price stable on Wednesday trading

US dollar price stable on Wednesday trading

The US dollar exchange rate was stable against the Egyptian pound at the beginning of Wednesday morning trading at banks…
Merkel backs class-action lawsuits for diesel car owners

Merkel backs class-action lawsuits for diesel car owners

Chancellor Angela Merkel’s support for collective lawsuits could force Volkswagen (VOWG_p.DE) to offer to compensate owners of diesel cars in…
China to invest $11.2 billion in projects for Egypt’s New Administrative Capital

China to invest $11.2 billion in projects for Egypt’s New Administrative Capital

Egypt and China are expected to sign a number of agreements during President Abdel Fatah al-Sisi’s visit to China for…
Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report

Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report

Egypt was ranked the 19th most powerful economy out of a list of the world’s 21 most powerful economies in…
Israel set for $28 billion infrastructure spending boost

Israel set for $28 billion infrastructure spending boost

Israeli Prime Minister Benjamin Netanyahu said on Sunday his office would soon publish a multi-year infrastructure spending plan worth more…
How fair is our food? Big companies take reins on sourcing schemes

How fair is our food? Big companies take reins on sourcing schemes

From cocoa to tea, food and drink giants are setting their own standards for ethical sourcing of raw materials, moving…
US dollar exchange rate stable on Saturday trading

US dollar exchange rate stable on Saturday trading

US dollar exchange rate was stable against the Egyptian pound at the beginning of Saturday morning trading. The prices hovered…
Lyft seizes opportunity as Uber tries to outrun troubles

Lyft seizes opportunity as Uber tries to outrun troubles

When management upheaval, allegations of corporate espionage, and revelations of sexual harassment sent Uber into a public relations sinkhole, its…
Saudi-owned Motiva closes Port Arthur refinery

Saudi-owned Motiva closes Port Arthur refinery

Motiva Enterprises has closed its refinery in Port Arthur, Texas — the biggest in the nation — because of floodwaters…
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