Business
Russia’s Rosneft eyes joint oil supplies to Egypt with Italy’s Eni
May 18, 2017
Russia’s Rosneft eyes joint oil supplies to Egypt with Italy’s Eni
Russia’s largest oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden cooperation, including in possible…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
May 18, 2017
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
Gold prices continue to rise domestically, globally
May 17, 2017
Gold prices continue to rise domestically, globally
Gold prices continued to rise on the domestic market on Wednesday, boosted by a rise in gold prices in the…
Financial crisis over, 2018 to witness boom: CBE governor
May 17, 2017
Financial crisis over, 2018 to witness boom: CBE governor
The financial crisis is over and 2018 will see a boom, said Governor of the Central Bank of Egypt Tarek…
CBE takes measures to protect Egypt’s banks against ransomware
May 17, 2017
CBE takes measures to protect Egypt’s banks against ransomware
The Central Bank of Egypt (CBE) issued instructions to banks operating in the local market to take precautionary measures to…
Foreign exchange rates stable at Egypt banks Tuesday
May 16, 2017
Foreign exchange rates stable at Egypt banks Tuesday
The Governor of the Central Bank of Egypt, Tarek Amer, said that the situation has improved greatly since the flotation…
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…