Business
China’s Xi outlines plans for wide cooperation in trade plan
May 16, 2017
China’s Xi outlines plans for wide cooperation in trade plan
Chinese President Xi Jinping expressed ambitious hopes for Asian and European governments to work more closely on finance, law enforcement…
Egyptian exports at first African exhibition in Kenya show great potential
May 16, 2017
Egyptian exports at first African exhibition in Kenya show great potential
Egyptian exports have great export potential in the African markets, especially the Kenyan market, after the flotation of the pound…
Cabinet’s IDSC denies govt intentions to change shape of currency
May 15, 2017
Cabinet’s IDSC denies govt intentions to change shape of currency
The Cabinet’s Information and Decision Support Center (IDSC) denied news reports that the government intends to change the shape of…
Oil price jump soothes cyber nerves
May 15, 2017
Oil price jump soothes cyber nerves
Oil’s strongest run of gains since December cushioned the hit to stock markets on Monday from a successful missile test…
Oil rises above $52 as Saudis and Russia back longer supply cut
May 15, 2017
Oil rises above $52 as Saudis and Russia back longer supply cut
Oil hit its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia…
Will ‘Cyber Chaos’ spread with workweek’s start?
May 15, 2017
Will ‘Cyber Chaos’ spread with workweek’s start?
Global cyber chaos was spreading Monday as companies booted up computers at work following the weekend’s worldwide “ransomware” cyberattack. The…
BP launches two new gas fields in Egypt
May 13, 2017
BP launches two new gas fields in Egypt
BP has started gas production from two fields in its West Nile Delta development off Egypt’s coast, the second of…
Inflation expected to rise higher as rate reaches 32.9% in April
May 11, 2017
Inflation expected to rise higher as rate reaches 32.9% in April
The Central Agency for Public Mobilization and Statistics (CAPMAS) has estimated the annual inflation rate in April at 32.9 percent,…
Bloomberg says foreign currency crisis starting to ease
May 11, 2017
Bloomberg says foreign currency crisis starting to ease
Bloomberg said the lifting of restrictions imposed on the customers’ credit card purchases overseas is an indication that the foreign currency crisis…
Emirates airline says profits down 70 percent in past year
May 11, 2017
Emirates airline says profits down 70 percent in past year
Emirates Group, which operates the Middle East’s largest airline, says profits have fallen by 70 percent to $670 million, though…