Business
Egypt’s first bitcoin exchange to begin trading this month
August 17, 2017
Egypt’s first bitcoin exchange to begin trading this month
Egypt’s first bitcoin exchange will go live later this month, the founders of Bitcoin Egypt said, linking the Middle East’s…
Egypt’s central bank seen holding interest rates after unexpected hikes
August 17, 2017
Egypt’s central bank seen holding interest rates after unexpected hikes
Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
August 16, 2017
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…
US dollar exchange rate declines Tuesday
August 15, 2017
US dollar exchange rate declines Tuesday
The exchange rate between the US dollar and the Egyptian pound declined slightly during the banking trade on Tuesday. Banking…
Global stocks rise after diplomatic overtures by Koreas, US
August 15, 2017
Global stocks rise after diplomatic overtures by Koreas, US
Global shares rose Tuesday as both Koreas and the US signaled a willingness to defuse the crisis over North Korea’s…
UK says it may seek ‘temporary’ customs union with EU
August 15, 2017
UK says it may seek ‘temporary’ customs union with EU
Britain says it might seek to remain in a customs union with the European Union for a time to avoid…
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
August 14, 2017
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
Global Saudi investor and businessman Al Waleed bin Talal plans to invest in the Investment Ministry’s $50 million development fund,…
Special Report: Vladimir’s Venezuela, Leveraging loans to Caracas, Moscow snaps up oil assets
August 14, 2017
Special Report: Vladimir’s Venezuela, Leveraging loans to Caracas, Moscow snaps up oil assets
Venezuela’s unraveling socialist government is increasingly turning to ally Russia for the cash and credit it needs to survive, and…
US dollar maintains price in Egyptian banks
August 13, 2017
US dollar maintains price in Egyptian banks
The US exchange rate against the Egyptian pound maintained its rates within bank dealings on Sunday. According to the most…
Snap stock hits lowest level since IPO after paltry earnings
August 12, 2017
Snap stock hits lowest level since IPO after paltry earnings
Shares of Snap Inc. have fallen 14 percent after the parent company of Snapchat reported paltry earnings . The stock hit its…