Economy
US pharmaceutical companies look to increase investments in Egypt
August 19, 2017
US pharmaceutical companies look to increase investments in Egypt
Representatives of US pharmaceutical companies expressed their interest in a possible increase of investments in Egypt, and praised the measures…
World stocks skid as US politics, Spain attack hit sentiment
August 18, 2017
World stocks skid as US politics, Spain attack hit sentiment
World stock markets fell Friday as investors reacted to US political upsets and the terror attack in Spain. European shares…
US dollar maintains its prices in Egypt’s banks
August 17, 2017
US dollar maintains its prices in Egypt’s banks
The exchange rate between the US dollar and the Egyptian pound was stable during banking trade on Thursday morning. Banking…
Egypt’s first bitcoin exchange to begin trading this month
August 17, 2017
Egypt’s first bitcoin exchange to begin trading this month
Egypt’s first bitcoin exchange will go live later this month, the founders of Bitcoin Egypt said, linking the Middle East’s…
Egypt’s central bank seen holding interest rates after unexpected hikes
August 17, 2017
Egypt’s central bank seen holding interest rates after unexpected hikes
Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
August 16, 2017
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…
US dollar exchange rate declines Tuesday
August 15, 2017
US dollar exchange rate declines Tuesday
The exchange rate between the US dollar and the Egyptian pound declined slightly during the banking trade on Tuesday. Banking…
Global stocks rise after diplomatic overtures by Koreas, US
August 15, 2017
Global stocks rise after diplomatic overtures by Koreas, US
Global shares rose Tuesday as both Koreas and the US signaled a willingness to defuse the crisis over North Korea’s…
UK says it may seek ‘temporary’ customs union with EU
August 15, 2017
UK says it may seek ‘temporary’ customs union with EU
Britain says it might seek to remain in a customs union with the European Union for a time to avoid…
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
August 14, 2017
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
Global Saudi investor and businessman Al Waleed bin Talal plans to invest in the Investment Ministry’s $50 million development fund,…