Economy

Egypt says foreigners will be able to repatriate profits soon -MENA

Egypt says foreigners will be able to repatriate profits soon -MENA

Egypt's Central Bank Governor Tarek Amer said on Friday that foreign investors would be able to repatriate profits and capital…
Egypt eases strategic grains import regulations

Egypt eases strategic grains import regulations

Egypt, the world's largest grain importer, is streamlining its import procedures and establishing a registry of companies that will inspect…
Will Mark Zuckerberg run for political office?

Will Mark Zuckerberg run for political office?

When a public figure hires a top political campaign manager and announces plans to tour the country, you assume he…
Russian delegation inspects Hurghada, Sharm el-Sheikh airports

Russian delegation inspects Hurghada, Sharm el-Sheikh airports

The Russian Transport Ministry announced the resumption of inspection visits at the airports of Hurghada and Sharm el-Sheikh with a…
As OPEC cuts, traders send European oil volumes to Asia

As OPEC cuts, traders send European oil volumes to Asia

European and Chinese traders are shipping a record 22 million barrels of crude from the North Sea and Azerbaijan to…
Nutella maker fights back on palm oil after cancer risk study

Nutella maker fights back on palm oil after cancer risk study

The $44 billion palm oil industry, under pressure in Europe after authorities listed the edible oil as a cancer risk,…
Egypt to receive one million barrels of Basra light oil within days: ambassador

Egypt to receive one million barrels of Basra light oil within days: ambassador

Iraqi Ambassador to Cairo Habib al-Sadr said an agreement has been signed to export one million barrels of Basra’s light…
EgyptAir offers discounts on flights to New York, China

EgyptAir offers discounts on flights to New York, China

EgyptAir is offering a 20 percent discount on tickets to some of the cities it covers, including some cities of…
Egypt’s core inflation jumps to 25.86 pct in December

Egypt’s core inflation jumps to 25.86 pct in December

Egypt's annual core inflation jumped to 25.86 percent in December from 20.73 percent in November, the Central Bank of Egypt…
E-commerce giant Alibaba CEO meets Trump, promises to bring US one million jobs

E-commerce giant Alibaba CEO meets Trump, promises to bring US one million jobs

Alibaba Executive Chairman Jack Ma met the US president-elect Donald Trump on Monday and laid out the Chinese e-commerce giant's…
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