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Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg

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

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

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

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

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

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

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

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…
Egyptian economy to rank 15th around the world by 2050: international report

Egyptian economy to rank 15th around the world by 2050: international report

The Egyptian economy is expected to rank 15th worldwide by 2050, out of a list of 32 countries, according to the gross…
Tesla seeks to raise $1.5 bn to fund Model 3 production

Tesla seeks to raise $1.5 bn to fund Model 3 production

Tesla Inc (TSLA.O) said on Monday it intends to raise about $1.5 billion in a bond offering as the US…
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