Business
Egypt replaces head of agriculture quarantine authority
March 7, 2016
Egypt replaces head of agriculture quarantine authority
Egypt has appointed a new head of its agriculture quarantine authority, the ministry of agriculture said on Sunday, replacing Saad…
Egypt central bank to hold exceptional $500 million FX auction on Sunday
March 6, 2016
Egypt central bank to hold exceptional $500 million FX auction on Sunday
Egypt's central bank said on Sunday it would hold an exceptional auction for US$500 million to cover imports of strategic…
China’s economy will ‘absolutely not’ experience hard landing: state planner
March 6, 2016
China’s economy will ‘absolutely not’ experience hard landing: state planner
China's economy isn't headed for a hard landing and isn't dragging on the global economy, China's top economic planner said…
US watchdog to probe Fed’s lax oversight of Wall Street
March 5, 2016
US watchdog to probe Fed’s lax oversight of Wall Street
A US watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the…
Egypt says reached agreement over foreign airline payments
March 5, 2016
Egypt says reached agreement over foreign airline payments
Egypt's civil aviation ministry said on Thursday it had reached an agreement with the central bank over paying foreign airlines…
Egypt foreign reserves US$16.53 billion at end-Feb: c.bank
March 4, 2016
Egypt foreign reserves US$16.53 billion at end-Feb: c.bank
Egypt's net foreign reserves reached US$16.53 billion at the end of February, slightly higher than in the previous month, the…
Barclays plans to sell Egypt branch
March 3, 2016
Barclays plans to sell Egypt branch
Barclays has declared its intentions to sell its branch in Egypt as well as some other branches in Africa and…
Egypt’s six-month and one-year t-bill rise in Thursday’s auction
March 3, 2016
Egypt’s six-month and one-year t-bill rise in Thursday’s auction
Yields on Egypt's six-month and one-year Treasury bills rose at an auction on Thursday, data from the central bank showed. The…
German summer bookings for Turkey, Egypt, Tunisia drop 40 percent
March 3, 2016
German summer bookings for Turkey, Egypt, Tunisia drop 40 percent
German travellers' bookings for summer holidays in Egypt, Tunisia and Turkey have dropped around 40 percent compared with a year…
Egypt’s non-oil sector activity recess persists in February
March 3, 2016
Egypt’s non-oil sector activity recess persists in February
Activity by Egypt’s non-oil private companies receded for a fifth month in a row in February, according to the National…