Business

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…
US dollar exchange rate continues to decline Wednesday

US dollar exchange rate continues to decline Wednesday

The US dollar to the Egyptian pound exchange rate has kept within the lower price trend within the banking dealings…
Uber officially welcomes as CEO Expedia’s Dara Khosrowshahi

Uber officially welcomes as CEO Expedia’s Dara Khosrowshahi

Uber Technologies Inc [UBER.UL] officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc…
Egypt signs oil and gas exploration deals with Shell, Apex

Egypt signs oil and gas exploration deals with Shell, Apex

Egyptian Oil Minister Tarek El Molla has signed three oil and gas exploration deals for 16 new fields in the…
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