Business

Oil pushes higher on worries over new US sanctions on Iran

Oil pushes higher on worries over new US sanctions on Iran

Oil prices edged higher on Friday in response to the possibility of new sanctions on Iran after US President Donald…
Emirates airline in Egypt slashes ticket prices to 12 destinations

Emirates airline in Egypt slashes ticket prices to 12 destinations

Emirates airline in Egypt has reduced the prices of roundtrip tickets to 12 destinations by up to 40 percent on…
Siemens announces world record by connecting 4.8 GW to Egypt’s national grid

Siemens announces world record by connecting 4.8 GW to Egypt’s national grid

Siemens announced that it achieved a new world record for the execution of fast-track power projects in Egypt by connecting 4.8…
Online travel agents pin hopes on mid-year holidays, payment in installments

Online travel agents pin hopes on mid-year holidays, payment in installments

Online travel agents have faced momentous challenges affecting their businesses since the flotation of the Egyptian pound in November, but…
Wali honors Egypt’s top 50 women, best companies in economy

Wali honors Egypt’s top 50 women, best companies in economy

Minister of Social Solidarity Ghada Wali participated in a ceremony yesterday honoring the Top 100 Companies in Egypt, and the…
Inflows into Egypt banks register $9 bn since pound flotation: Central Bank official

Inflows into Egypt banks register $9 bn since pound flotation: Central Bank official

Total inflows into the Egyptian banking system have reached $9 billion since the Egyptian pound was floated in November, assistant…
Supply Ministry raises prices of sugar, cooking oil for 2nd time in 2 months

Supply Ministry raises prices of sugar, cooking oil for 2nd time in 2 months

The Supply Ministry raised the prices of oil and sugar for ration card holders for the second time in two months.Sugar saw…
Tech companies to meet on legal challenge to Trump immigration order

Tech companies to meet on legal challenge to Trump immigration order

A group of technology companies plans to meet on Tuesday to discuss filing an amicus brief in support of a…
Egyptian delegation to visit Iraq in February to finalize agreement on crude imports

Egyptian delegation to visit Iraq in February to finalize agreement on crude imports

A delegation from the Petroleum Ministry will visit Iraq this February to finalize the draft agreement to import crude oil,…
IMF delegation in Egypt ahead of review for 2nd loan installment: sources

IMF delegation in Egypt ahead of review for 2nd loan installment: sources

A delegation from the International Monetary Fund (IMF) has arrived in Egypt to prepare for a review required before disbursing…
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