business

Egypt’s largest solar plant receives US$114 mn financing package
Egypt

Egypt’s largest solar plant receives US$114 mn financing package

On Thursday, the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the…
US dollar to Egyptian pound exchange rate for Thursday
Business

US dollar to Egyptian pound exchange rate for Thursday

The US dollar to Egyptian pound exchange rate on Thursday recorded a low of LE15.61 for purchase and LE15.71 for…
Erdogan replaces Turkish trade minister, forms two new ministries
Middle East

Erdogan replaces Turkish trade minister, forms two new ministries

President Tayyip Erdogan appointed a prominent member of Turkey’s ruling AK Party, Mehmet Mus, as trade minister on Wednesday and…
China’s Sinopec to develop Mansuriya gas field –ministry
Middle East

China’s Sinopec to develop Mansuriya gas field –ministry

China’s Sinopec has won a deal to develop Iraq’s Mansuriya gas field near the Iranian border, the oil ministry said on…
UAE central bank extends some stimulus measures until mid-2022
Middle East

UAE central bank extends some stimulus measures until mid-2022

The United Arab Emirates central bank said on Tuesday it has extended until mid-2022 some stimulus measures introduced last year…
Abu Dhabi art gallery owner has a sideline business: trading COVID-19 vaccines
Middle East

Abu Dhabi art gallery owner has a sideline business: trading COVID-19 vaccines

From a small office in an Abu Dhabi skyscraper, Ukrainian national Natalya Muzaleva and her Hungarian husband Istvan Perger run…
US dollar to Egyptian pound exchange rates for Monday
Business

US dollar to Egyptian pound exchange rates for Monday

The US dollar to Egyptian pound exchange rate on Monday recorded a high of LE15.61 for purchase and LE15.71 for…
Mideast’s largest mall operator to expand amid vaccine hopes
Middle East

Mideast’s largest mall operator to expand amid vaccine hopes

DUBAI, United Arab Emirates (AP) — The Middle East’s largest operator of malls expects revenue and earnings to climb back…
US dollar to Egyptian pound exchange rate for Thursday
Business

US dollar to Egyptian pound exchange rate for Thursday

The US dollar to Egyptian pound exchange rate on Thursday recorded a high of LE15.62 for purchase and LE15.72 for…
Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE
Economy

Egypt’s current account deficit reaches US$7.6 bn in December 2020: CBE

Egypt’s current account deficit rose to US$7.6 billion from July to December 2020 from $4.6 billion a year ago, the…
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