Business
Biggest U.S. banks clear first hurdle in Fed’s annual stress tests
June 23, 2017
Biggest U.S. banks clear first hurdle in Fed’s annual stress tests
The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be…
Airbus concedes defeat to Boeing in Paris plane-ordering race
June 22, 2017
Airbus concedes defeat to Boeing in Paris plane-ordering race
Airbus conceded defeat to rival Boeing in the race for new business at the Paris Airshow on Thursday, as a…
Minister signs agreement establishing first Development Investment Support Fund
June 21, 2017
Minister signs agreement establishing first Development Investment Support Fund
International Cooperation Minister Sahar Nasr signed on Wednesday an agreement with Randa abul Hassan, country director of the United Nations…
Britain to inject $400 million in Suez Canal new power station: Minister
June 21, 2017
Britain to inject $400 million in Suez Canal new power station: Minister
The British International Investment Funds Association said it would inject US $400 million in direct investment to finance a new…
US dollar hits highest rate in 3 weeks
June 20, 2017
US dollar hits highest rate in 3 weeks
The US dollar hit its highest rate in 3 weeks on Tuesday, compared to other foreign currencies. A senior official…
Dollar hits three-week high on Fed rate hike bets
June 20, 2017
Dollar hits three-week high on Fed rate hike bets
The dollar hit a three-week high against a basket of currencies on Tuesday, after an influential Federal Reserve official said…
Nigeria lifts ban on Egyptian furniture exports
June 19, 2017
Nigeria lifts ban on Egyptian furniture exports
Trade and Industry Minister Tareq Qabil said that Nigeria lifted the ban on its imports of furniture from Egypt. The…
EU raises aid to Egypt up to €600 million
June 18, 2017
EU raises aid to Egypt up to €600 million
The European Union has raised the ceiling of aid offered to Egypt from 450 million to 600 million euros during…
International Cooperation Minister boosts investments into Upper Egypt
June 17, 2017
International Cooperation Minister boosts investments into Upper Egypt
International Cooperation Minister Sahar Nasr said that her ministry is currently focusing on pumping investments into Upper Egypt’s development projects,…
From dates to power, China’s ‘futures’ fortunes are made
June 16, 2017
From dates to power, China’s ‘futures’ fortunes are made
China’s major commodity exchanges are scrambling to launch futures contracts on a range of products – from dates to electricity…