Business

Jushi company signs contract to expand projects in Suez Canal Economic Zone

Jushi company signs contract to expand projects in Suez Canal Economic Zone

Vice President of the Suez Canal Economic Zone Authority of the Southern Region, Major General Mahfouz Abdelrahman Taha, and Chairman…
Global shares mostly lower on hurricane, North Korea worries

Global shares mostly lower on hurricane, North Korea worries

Global shares mostly slipped Friday on worries about the damage from Hurricane Irma in the US, as well as lingering…
Oil firms as US Gulf refineries restart, dollar softens

Oil firms as US Gulf refineries restart, dollar softens

Brent oil prices firmed on Thursday, hovering near 3-1/2-month highs as US refiners restarting after Tropical Storm Harvey increased their…
Mobile network operators raise roaming tariffs in Egypt

Mobile network operators raise roaming tariffs in Egypt

Vodafone, Orange and Etisalat raised the fee of their international roaming services in Egypt according to the type of roaming…
Egypt’s foreign reserves surge to $36.1 in August: CBE

Egypt’s foreign reserves surge to $36.1 in August: CBE

Egypt’s foreign reserves increased to $US 36.143 billion in August from $US 36.036 in July, surpassing, for first time, pre-January…
Oman counts on Chinese billions to build desert boomtown

Oman counts on Chinese billions to build desert boomtown

In the remote desert along Oman’s southern coast, construction machines hired by a Chinese consortium are leveling an expanse of…
US dollar price stable on Wednesday trading

US dollar price stable on Wednesday trading

The US dollar exchange rate was stable against the Egyptian pound at the beginning of Wednesday morning trading at banks…
Merkel backs class-action lawsuits for diesel car owners

Merkel backs class-action lawsuits for diesel car owners

Chancellor Angela Merkel’s support for collective lawsuits could force Volkswagen (VOWG_p.DE) to offer to compensate owners of diesel cars in…
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…
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