economy

Dubai implements ‘Operation 300bn’ to advance UAE’s industrial sector
Middle East

Dubai implements ‘Operation 300bn’ to advance UAE’s industrial sector

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai announced the launching…
National Bank of Egypt’s foreign currency exchange rates for Tuesday
Business

National Bank of Egypt’s foreign currency exchange rates for Tuesday

Tuesday’s exchange rates for foreign currencies at the National Bank of Egypt are as follows: The US dollar is LE15.66…
Saudi oil giant Aramco reports 30% drop in payments to state
Middle East

Saudi oil giant Aramco reports 30% drop in payments to state

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30 percent less in…
Turkish lira plunges to near record lows on cenbank chief’s sacking
Middle East

Turkish lira plunges to near record lows on cenbank chief’s sacking

ISTANBUL (Reuters) – Turkey’s lira slid 15 percent to a near all-time low on Monday after President Tayyip Erdogan’s shock…
Exclusive: India readies Saudi oil import cut as stand-off escalates – sources
Middle East

Exclusive: India readies Saudi oil import cut as stand-off escalates – sources

NEW DELHI (Reuters) – Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter…
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 low of LE15.62 for purchase and LE15.72 for…
US dollar to Egyptian pound exchange rate increases by one piaster
Business

US dollar to Egyptian pound exchange rate increases by one piaster

The US dollar to Egyptian pound exchange rate increased by one piaster on Thursday, recording LE15.66 for purchase and LE15.76…
Sudan officials, Saudi crown prince talk Red Sea investments
Middle East

Sudan officials, Saudi crown prince talk Red Sea investments

DUBAI, United Arab Emirates (AP) — Sudan’s prime minister and Saudi Arabia’s powerful crown prince met Wednesday to discuss Saudi…
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
Economy

Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook

American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
National Bank of Egypt’s foreign currency exchange rates for Wednesday
Business

National Bank of Egypt’s foreign currency exchange rates for Wednesday

Wednesday’s exchange rates for foreign currencies at the National Bank of Egypt are as follows: The US dollar is LE15.67…
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