Business
Egypt PM expects IMF deal to be signed within two months
October 25, 2016
Egypt PM expects IMF deal to be signed within two months
Egypt hopes to receive final approval for its $12 billion International Monetary Fund lending program within two months, Prime Minister…
Egypt Suez Canal revenue rises to $447.6 mln in August
October 25, 2016
Egypt Suez Canal revenue rises to $447.6 mln in August
Oct 25 Egypt's Suez Canal revenue rose to $447.6 million in August compared with $429 million in July, data from…
Failure of EU free trade deal would leave Canada stranded
October 25, 2016
Failure of EU free trade deal would leave Canada stranded
The looming failure of free trade talks with the European Union would derail Canada's push to reduce its dependence on…
Additional charter flights start between Italy and Sharm el-Sheikh
October 24, 2016
Additional charter flights start between Italy and Sharm el-Sheikh
Egypt's Ambassador to Rome Amr Helmy said on Monday that the process of starting additional charter flights between several Italian…
Authorities confiscate sugar at country’s largest food producer
October 24, 2016
Authorities confiscate sugar at country’s largest food producer
Egyptian authorities seized sugar stocks at Edita Food Industries, one of the country's largest food producers, on Saturday, a move…
Delegation of 50 US companies in Egypt to tackle investment opportunities
October 24, 2016
Delegation of 50 US companies in Egypt to tackle investment opportunities
A delegation composed of representatives of 50 US companies, headed by Senior Advisor to the Secretary of State David Thorne,…
Saudi King, Venezuelan president discuss oil market stability
October 24, 2016
Saudi King, Venezuelan president discuss oil market stability
The king of Saudi Arabia, the world's largest oil exporter, met Venezuela's president on Sunday in Riyadh and discussed ways…
Saudi Arabia looks to Russia to boost non-OPEC cooperation
October 23, 2016
Saudi Arabia looks to Russia to boost non-OPEC cooperation
Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander Novak to meet Gulf…
Italy warns of disaster if Europe rejects its budget: paper
October 23, 2016
Italy warns of disaster if Europe rejects its budget: paper
Italy's economy minister said on Sunday the European Union must choose between allowing Rome to raise its deficit to cope…
Britain’s banks to reveal solid third-quarter results, warn of Brexit storm ahead
October 23, 2016
Britain’s banks to reveal solid third-quarter results, warn of Brexit storm ahead
Britain's major banks are set to report stronger-than-expected results this week, confounding expectations that political and economic upheaval caused by…