Business
US dollar records less than LE18
July 30, 2017
US dollar records less than LE18
US dollar exchange rates against Egyptian pound fell below LE18 in bank dealings on Sunday morning. According to the latest currency…
Sanctions slashed Qatar imports in June, non-gas exports affected: data
July 30, 2017
Sanctions slashed Qatar imports in June, non-gas exports affected: data
Sanctions imposed by three other Gulf states and Egypt slashed Qatar’s imports by more than a third in June while…
Countries where North Korea makes money despite sanctions
July 29, 2017
Countries where North Korea makes money despite sanctions
Though facing tough international sanctions, North Korea uses an elaborate network of countries around the world to earn money. Here’s…
Official denies Egypt imports LNG from Qatar
July 28, 2017
Official denies Egypt imports LNG from Qatar
An official source from the Ministry of Petroleum has said that Egypt has never directly imported natural gas from Qatar,…
Twitter no longer at ‘death’s door’ as earnings report approaches
July 26, 2017
Twitter no longer at ‘death’s door’ as earnings report approaches
Twitter Inc heads toward its quarterly earnings report on Thursday with a stock that has risen more than 40 percent…
Coca-Cola profit drops 60 percent on refranchising charge
July 26, 2017
Coca-Cola profit drops 60 percent on refranchising charge
Coca-Cola Co (KO.N) reported a 60.2 percent drop in quarterly profit, as the beverage maker incurred a charge of $653…
Egypt eyes $30 billion investments in SCZone
July 26, 2017
Egypt eyes $30 billion investments in SCZone
Minister of International Cooperation Sahar Nasr said that Egypt aims to attract investments of about $30 billion in the Suez…
Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 bn
July 25, 2017
Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 bn
US retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose…
Social Solidarity Ministry to provide citizens with disabilities financial support
July 25, 2017
Social Solidarity Ministry to provide citizens with disabilities financial support
For the first time in Egypt, monetary support will be provided to people with disabilities, said Social Solidarity Minister Ghada…
Egyptian economy predicted among 30 largest economies by 2030, Minister of Trade
July 25, 2017
Egyptian economy predicted among 30 largest economies by 2030, Minister of Trade
Engineer Tarek Qabel, minister of Trade and Industry, stated Monday, at the 4th National Youth Conference, that the strategy to consolidate…