Business
Egypt among five destinations for Chinese investments in Belt and Road region
June 3, 2017
Egypt among five destinations for Chinese investments in Belt and Road region
A report issued by the Chinese Academy of Social Sciences, Tsinghua University and Thomson Reuters Foundation on Saturday mentioned that…
UK election raises Brexit stakes while ECB eyes recovery
June 3, 2017
UK election raises Brexit stakes while ECB eyes recovery
It was meant to be a landslide victory for Prime Minister Theresa May. But the odds on that outcome in…
Egypt eyes increasing exports volume to EU to $50 bln
June 2, 2017
Egypt eyes increasing exports volume to EU to $50 bln
Egypt is seeking to be effective in the world economy in terms of volume of exports traded globally, said Amr…
Egypt to launch cruise lines with Greece in latest efforts to revive tourism
June 1, 2017
Egypt to launch cruise lines with Greece in latest efforts to revive tourism
As part of the state’s continuous efforts to attract additional tourists and revive the country’s ailing tourism industry, Egypt’s Ministry…
Oil prices dive 3 percent to three-week low; OPEC crude output up
June 1, 2017
Oil prices dive 3 percent to three-week low; OPEC crude output up
Oil prices sank 3 percent to a three-week low on Wednesday as an increase in Libyan output helped boost monthly…
Oil falls as rising Libyan, US output undermines cuts
May 31, 2017
Oil falls as rising Libyan, US output undermines cuts
Oil prices fell by 1 percent on Wednesday as rising Libyan production fueled concerns that OPEC-led output cuts are being…
LE572 million allocated to improve water quality, drainage: Planning Ministry
May 30, 2017
LE572 million allocated to improve water quality, drainage: Planning Ministry
The Ministry of Planning, Follow-up and Administrative Reform approved additional allocations of LE572.5 million to improve the quality of drinking…
Banking system received $1 bln in 2 days, after central bank raised key interest rates
May 29, 2017
Banking system received $1 bln in 2 days, after central bank raised key interest rates
Governor of the Central Bank of Egypt Tarek Amer said Monday that the banking system received around $1 billion since…
US dollar exchange rate stable during Sunday trading
May 28, 2017
US dollar exchange rate stable during Sunday trading
The US dollar exchange rate has been stable during Sunday tradings. The purchasing rate at the National Bank of Egypt,…
201 projects worth LE2.3 billion approved in April: Industry Minister
May 28, 2017
201 projects worth LE2.3 billion approved in April: Industry Minister
Trade and Industry Minister Tareq Qabil said that 201 industrial projects, with total costs of LE2.3 billion, received final approvals…