Business
Oman counts on Chinese billions to build desert boomtown
September 6, 2017
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
September 6, 2017
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
September 4, 2017
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
September 4, 2017
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
September 4, 2017
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
September 3, 2017
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
September 3, 2017
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
September 2, 2017
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
August 31, 2017
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
August 30, 2017
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…