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IranAir signs contract with ATR to buy 20 planes

IranAir signs contract with ATR to buy 20 planes

IranAir has signed a contract to buy 20 planes from turboprop maker ATR, Iranian deputy transport minister was quoted as…
IMF chief praises economic reform progress in Egypt

IMF chief praises economic reform progress in Egypt

President Abdel Fattah al-Sisi met with Christine Lagarde, Managing Director of the International Monetary Fund, on Wednesday while on an official visit in Washington.
US dollar remains stable during Thursday trading

US dollar remains stable during Thursday trading

US dollar exchange rates witnessed relative stability during trading sessions on Thursday.The purchasing rate reached LE17.95 at the three national…
Saudi Arabia to invest $100 mn in Egypt solar energy project

Saudi Arabia to invest $100 mn in Egypt solar energy project

Fawaz Alhokair Saudi Group has allocated $100 million for investment in the solar sector in Egypt in 2017, Borsa news…
Sisi visit to US gives much-needed boost to tourism: minister

Sisi visit to US gives much-needed boost to tourism: minister

The US State Department's statement saying that Egypt is a "safe country" and advising its citizens to travel there by…
EgyptAir hosts a Greek media delegation to stimulate tourism

EgyptAir hosts a Greek media delegation to stimulate tourism

EgyptAir hosted a 15-member media delegation from the one of largest Greek media institutions, organized by the EgyptAir Office in…
US dollar relatively stable during Wednesday trading

US dollar relatively stable during Wednesday trading

US dollar exchange rates have been relative stable during Wednesday's transactions.At the three national banks of National Bank of Egypt, Banque…
Boeing signs $3 billion deal with Iran airline, a first under Trump

Boeing signs $3 billion deal with Iran airline, a first under Trump

Boeing Co. has signed a $3 billion deal with an Iranian airline for 30 new aircraft, officials said Tuesday, in…
Egypt’s external debt rises by 40.8%

Egypt’s external debt rises by 40.8%

Egypt's total external debt rose by 40.8 percent year-on-year in the first half of the fiscal year 2016-2017, while domestic…
Oil prices fall as Libya’s output rebound boosts supply

Oil prices fall as Libya’s output rebound boosts supply

Oil prices fell on Tuesday as a rebound in Libyan crude production combined with an increase in US drilling to…
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