Business
Egypt to consider yen, yuan bonds after dollar sale last week
January 31, 2017
Egypt to consider yen, yuan bonds after dollar sale last week
Egypt may issue bonds in other international currencies, after successfully selling $4 billion of Eurobonds last week, Finance Minister Amr…
Egyptian pound remains stable against US dollar
January 30, 2017
Egyptian pound remains stable against US dollar
The Egyptian pound remained stable against the US dollar on Monday, selling between EGP 18.75-19.09 to the dollar in some banks.The Commercial…
Putin’s Russia in biggest Arctic military push since Soviet fall
January 30, 2017
Putin’s Russia in biggest Arctic military push since Soviet fall
The nuclear icebreaker Lenin, the pride and joy of the Soviet Union's Arctic great game, lies at perpetual anchor in…
Egypt’s Sawiris markets US$235 mn real estate project on Cyprus beaches
January 30, 2017
Egypt’s Sawiris markets US$235 mn real estate project on Cyprus beaches
Egyptian business tycoon Naguib Sawiris is eyeing major investments for a US$235 million real estate project on the coast of Ayia…
Asian shares, US dollar retreat on Trump travel ban, reported US GDP
January 30, 2017
Asian shares, US dollar retreat on Trump travel ban, reported US GDP
Asian share markets and Wall Street stock futures fell on Monday after immigration curbs introduced by US President Donald Trump…
Toyota looses title of ‘world’s biggest automaker’
January 30, 2017
Toyota looses title of ‘world’s biggest automaker’
Toyota has relinquished the title of the world's biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in…
How can Egyptians relieve the money stress from soaring prices?
January 28, 2017
How can Egyptians relieve the money stress from soaring prices?
In the wake of the current unprecedented wave of price increases, Egyptians are faced with budget shortfalls, especially due to…
Weak exports may crimp US fourth-quarter economic growth
January 27, 2017
Weak exports may crimp US fourth-quarter economic growth
US economic growth likely slowed in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but…
Global stocks extend rally after Wall Street breaks historical record
January 26, 2017
Global stocks extend rally after Wall Street breaks historical record
Global stocks rallied higher Thursday after Wall Street bulldozed its way to another record peak, as investors rediscovered their fervor…