Business
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…
Oil prices rise as investors pour fresh cash into crude futures
February 6, 2017
Oil prices rise as investors pour fresh cash into crude futures
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose…
IMF to review Egypt’s economic reforms progress before second loan tranche
February 4, 2017
IMF to review Egypt’s economic reforms progress before second loan tranche
A delegation from the International Monetary Fund (IMF) started meetings in Cairo with ministers of the economic group of the…
Trump ignites political fight over US banking law reforms
February 4, 2017
Trump ignites political fight over US banking law reforms
US President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008…