Business
Egypt eyes $30 billion investments in SCZone
July 26, 2017
Egypt eyes $30 billion investments in SCZone
Minister of International Cooperation Sahar Nasr said that Egypt aims to attract investments of about $30 billion in the Suez…
Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 bn
July 25, 2017
Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 bn
US retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose…
Social Solidarity Ministry to provide citizens with disabilities financial support
July 25, 2017
Social Solidarity Ministry to provide citizens with disabilities financial support
For the first time in Egypt, monetary support will be provided to people with disabilities, said Social Solidarity Minister Ghada…
Egyptian economy predicted among 30 largest economies by 2030, Minister of Trade
July 25, 2017
Egyptian economy predicted among 30 largest economies by 2030, Minister of Trade
Engineer Tarek Qabel, minister of Trade and Industry, stated Monday, at the 4th National Youth Conference, that the strategy to consolidate…
US dollar prices beneath LE18, Monday
July 24, 2017
US dollar prices beneath LE18, Monday
US dollar prices in exchange for Egyptian Pound fell beneath LE18 Monday within Egypt-based banks’ dealings, State-run Middle East News…
Forbes lists CBE Deputy Governor Lobna Helal as 2nd most powerful Arab businesswoman
July 24, 2017
Forbes lists CBE Deputy Governor Lobna Helal as 2nd most powerful Arab businesswoman
Forbes Middle East ranked Egypt’s Deputy Central Bank Governor Lobna Helal, as the second most powerful Arab businesswomen. “Helal is…
Saudi calls OPEC members to stick to limits, sees oil demand up
July 24, 2017
Saudi calls OPEC members to stick to limits, sees oil demand up
OPEC leader Saudi Arabia said on Monday the group would quickly address weak compliance with output cuts by some OPEC…
Nasdaq set to hit record high as tech stocks rise
July 19, 2017
Nasdaq set to hit record high as tech stocks rise
The Nasdaq was set to hit a fresh record on Wednesday, helped by a rise in technology stocks, while the…
US dollar exchange rate relatively declines Wednesday
July 19, 2017
US dollar exchange rate relatively declines Wednesday
The exchange rate of the US dollar witnessed a relative decline against the Egyptian pound on Wednesday maintaining a slight…
US dollar backs down to LE18
July 18, 2017
US dollar backs down to LE18
The US dollar exchange rate against the Egyptian pound slightly declined to settle at LE18 on Tuesday. According to updated…