Business
Electricity bills to increase again in July: ministry
February 8, 2017
Electricity bills to increase again in July: ministry
Electicity bills will increase again in July as result of the restructuring of energy prices due to the rise in…
Out of pocket, Italians fall out of love with the euro
February 8, 2017
Out of pocket, Italians fall out of love with the euro
When the Italian central bank's deputy governor joined a radio phone-in show last week, many callers asked why Italy didn't…
Foreign currency reserves can cover 6 months of imports: CBE
February 8, 2017
Foreign currency reserves can cover 6 months of imports: CBE
The foreign currency reserves at the Central Bank of Egypt (CBE) are able to cover Egypt's imports for a period…
Poultry prices continue to rise, 1kg costs LE44
February 7, 2017
Poultry prices continue to rise, 1kg costs LE44
Poultry prices continued to rise in Egypt markets yesterday, with 1kg of frozen poultry costing LE44, and 1kg of live…
Euro, European bonds unnerved by French political jitters
February 7, 2017
Euro, European bonds unnerved by French political jitters
European financial markets struggled with growing economic and political concerns on Tuesday as the euro neared its biggest fall this…
Mid-year vacation boosts occupancy rates in Hurghada
February 7, 2017
Mid-year vacation boosts occupancy rates in Hurghada
Red Sea Governor Ahmed Abdullah has indicated a 20 percent increase in number of incoming Ukranian tourists heading to the…
Egypt is the cheapest place to get your Big Mac
February 6, 2017
Egypt is the cheapest place to get your Big Mac
If you are a big fan of the ubiquitous double-decker burger, you should probably roll up your sleeves and give it a…
Apple, Google, Uber join fight against Trump travel ban
February 6, 2017
Apple, Google, Uber join fight against Trump travel ban
Dozens of tech companies, including behemoths like Apple, Google, and Facebook, are siding with Washington state and Minnesota as they…
Egypt’s foreign reserves rise to US$26.363 bn at end of January
February 6, 2017
Egypt’s foreign reserves rise to US$26.363 bn at end of January
Egypt's net foreign reserves rose to US$26.363 billion at the end of January from US$24.265 billion as of the end…
China protests US sanction list on Iran that hits Chinese firms
February 6, 2017
China protests US sanction list on Iran that hits Chinese firms
China on Monday said it had "lodged representations" with the United States over Washington's new sanctions list targeting Iran, which…