Business
Egypt’s annual inflation drops to 14.6% in September: CAPMAS
October 10, 2016
Egypt’s annual inflation drops to 14.6% in September: CAPMAS
Egypt's annual inflation rate dropped to 14.6 percent in September down from 16.4 percent in August, the state statistics agency…
Saudi Aramco informed Egypt about suspending oil product supply: official
October 10, 2016
Saudi Aramco informed Egypt about suspending oil product supply: official
Saudi Aramco informed the Egyptian General Petroleum Corporation, Egypt's state oil company, in early October that it would halt the…
UK, Finland-born economists win 2016 Nobel Prize for Economics
October 10, 2016
UK, Finland-born economists win 2016 Nobel Prize for Economics
British-born Oliver Hart and Finland-born Bengt Holmstrom won the 2016 Nobel Economics Prize for their contributions to contract theory, helping…
Saudi Arabia’s Falih says OPEC should not crimp supply too tightly
October 10, 2016
Saudi Arabia’s Falih says OPEC should not crimp supply too tightly
Saudi Arabia's Energy Minister Khalid al-Falih said on Monday that OPEC should not crimp oil supply too tightly and said…
Inbound tourists decline by 45% in August: CAPMAS
October 9, 2016
Inbound tourists decline by 45% in August: CAPMAS
Inbound tourists to Egypt declined in number by 45 percent in August, compared to the same month of last year,…
IMF chief foresees ‘prompt’ start of Egypt lending
October 9, 2016
IMF chief foresees ‘prompt’ start of Egypt lending
Egypt may soon receive the first tranche of a crucial $12 billion aid package, the head of the International Monetary…
Egypt has contracted to import 420,000 tonnes of sugar, seeks 200,000 more
October 8, 2016
Egypt has contracted to import 420,000 tonnes of sugar, seeks 200,000 more
Egypt has contracted for the import of 420,000 tonnes of sugar in coordination with the military in the "past few…
Finance leaders issue fresh warnings amid Deutsche worries, pound rout
October 8, 2016
Finance leaders issue fresh warnings amid Deutsche worries, pound rout
World finance leaders issued fresh warnings about economic stability risks on Friday amid worries about a massive U.S. fine for…
EgyptAir prepares for Arab-African conference, parliament anniversary event
October 8, 2016
EgyptAir prepares for Arab-African conference, parliament anniversary event
EgyptAir Company is preparing to receive African and Arab delegations for the celebration of the 150th anniversary of the Egyptian…
Egypt making rapid progress on airport security: Russian government
October 8, 2016
Egypt making rapid progress on airport security: Russian government
Russian Transport Minister Maksim Sokolov has praised Egypt’s efforts to implement Moscow’s recommendations regarding airport security, a condition for the…