Business

Global stocks in retreat after North Korean missile test

Global stocks in retreat after North Korean missile test

Global stock markets and the dollar fell sharply Tuesday, as investors were rattled by North Korea’s launch of a midrange…
US dollar prices plummet to LE17.64

US dollar prices plummet to LE17.64

The Egyptian Pound to US dollar exchange rate plunged during the banking sector’s dealings on Monday. According to last price…
UAE ruler issues decree to start value-added taxes in 2018

UAE ruler issues decree to start value-added taxes in 2018

The ruler of the United Arab Emirates has issued a decree that sets the stage for value-added taxes to start…
Oil markets roiled as Hurricane Harvey hits US petroleum industry

Oil markets roiled as Hurricane Harvey hits US petroleum industry

Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the US Gulf coast over the weekend, crippling…
US dollar records LE 17.69 for purchases Sunday

US dollar records LE 17.69 for purchases Sunday

The US dollar exchange rates maintained its price within the banking sector’s dealings on Sunday. According to the last price…
Hurricane Harvey closes key oil, gas operations in Texas

Hurricane Harvey closes key oil, gas operations in Texas

Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Harvey pounds the region with…
Egypt signs 3 contracts for oil and gas exploration worth $79 million

Egypt signs 3 contracts for oil and gas exploration worth $79 million

Minister of Petroleum and Mineral Resources, Tariq Al-Mulla, signed three new agreements for oil and gas exploration in the Western…
US dollar exchange rate declines

US dollar exchange rate declines

Banks operating in the Egyptian market ended their weekly trade, recording a decline in the dollar exchange rate compared to…
US dollar records stable rates Thursday

US dollar records stable rates Thursday

The US dollar maintained prices in exchange for the Egyptian Pound in the banking sector on Thursday. According to the…
Egypt Central Bank, no intention to pass digital currency trading legislation

Egypt Central Bank, no intention to pass digital currency trading legislation

Egypt’s central bank said it has no intention of issuing legislation or passing a special law that allows the trading…
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