Business

Economists: Arab loans will increase currency reserves

Economists: Arab loans will increase currency reserves

Economists have said that the US$8 billion Egypt will receive in loans from Saudi Arabia and the United Arab Emirates…
Arab aid to Egypt reaches $12 billion, after Kuwait pledges $4 billion

Arab aid to Egypt reaches $12 billion, after Kuwait pledges $4 billion

KUWAIT- Kuwait will provide a $4 billion aid package to Egypt, including $2 billion as a central bank deposit, a…
Stock market rises 3.2 percent amid calmer political atmosphere

Stock market rises 3.2 percent amid calmer political atmosphere

The stock market fared well on Tuesday, prodded by the relatively calmer political atmosphere brought about by the issuing of…
Egypt pound strengthens at central bank currency sale

Egypt pound strengthens at central bank currency sale

The Egyptian pound strengthened at a central bank sale of foreign exchange on Monday, hours after violence broke out between…
Stock market down 3.5% as violence flares

Stock market down 3.5% as violence flares

Egyptian stocks saw a steep decline on Monday against the backdrop of violence between the army and supporters of the…
US stocks lower on Egypt, China concerns

US stocks lower on Egypt, China concerns

NEW YORK CITY-  US stocks Wednesday looked past solid US employment data and opened lower on concerns about Egypt and…
Oil prices jump amid bloodshed in Egypt

Oil prices jump amid bloodshed in Egypt

SINGAPORE - Oil prices rose sharply in Asian trade Wednesday on growing concerns that the escalating political crisis in Egypt…
Tourism increases by 14.6 percent in May 2013

Tourism increases by 14.6 percent in May 2013

The number of tourists in May increased by 14.6 percent, reaching one million, compared to 800,000 tourists in May 2012,…
Egyptian stock market rises 4.9% after army ultimatum

Egyptian stock market rises 4.9% after army ultimatum

The Egyptian stock market was bolstered by heavy buying by Egyptian investors, earning LE11.5 billion after the Armed Forces issued…
Cash withdrawals increase amid anti-Morsy protests

Cash withdrawals increase amid anti-Morsy protests

An increase in cash withdrawals has led many ATMs to run out of money, especially in the downtown area and…
Back to top button