Business
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…
US dollar exchange rate continues to decline Wednesday
August 30, 2017
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
August 30, 2017
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
August 29, 2017
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…