Business
Luxury goods group Hermes delivers record 2016 profit margin
March 22, 2017
Luxury goods group Hermes delivers record 2016 profit margin
French luxury goods group Hermes said on Wednesday it was starting 2017 on a solid footing after delivering record 2016 profits,…
Uber vows to change direction, become more humane company
March 22, 2017
Uber vows to change direction, become more humane company
Uber is vowing to head down a new road and become a more humane company following a wave of ugly…
Fancy buses alternative to public transport to hit Cairo roads next week
March 21, 2017
Fancy buses alternative to public transport to hit Cairo roads next week
Cairo commuters have cause to celebrate as the brand-new mobile app 'SWVL' will launch next week, providing convenient, affordable vans and…
Bill Gates again world’s richest man; Trump slips to 544th
March 21, 2017
Bill Gates again world’s richest man; Trump slips to 544th
Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world's more than 2,000 billionaires, while US…
China to contribute US$64 million to ‘Egypt Sat 2’ project
March 21, 2017
China to contribute US$64 million to ‘Egypt Sat 2’ project
Egypt and China signed on Monday letters of cooperation on Egypt's satellite project "Egypt Sat 2" which the Chinese government is…
Dollar slips on doubts Fed will speed rate hikes, euro edges up
March 21, 2017
Dollar slips on doubts Fed will speed rate hikes, euro edges up
The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the…
Wall Street lower as oil falls, investors assess G20 shift
March 20, 2017
Wall Street lower as oil falls, investors assess G20 shift
US stocks were lower on Monday as investors assessed the G20's decision to drop a pledge to keep global trade…
EgyptAir offers discounts on tickets to London, Rome and other regional, int’l capitals
March 20, 2017
EgyptAir offers discounts on tickets to London, Rome and other regional, int’l capitals
EgyptAir is offering cut-rate flight tickets to a number of regional and international airports until the end of March, according…
Swiss bank UBS to be tried in France over tax fraud
March 20, 2017
Swiss bank UBS to be tried in France over tax fraud
Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme, legal sources told…
Egypt expects US$13-15 bln in foreign investment next fiscal year: finance minister
March 20, 2017
Egypt expects US$13-15 bln in foreign investment next fiscal year: finance minister
Egyptian Finance Minister Amr el-Garhy said on Monday his country was expecting foreign direct investment to increase to US$13-15 billion…