Economy

Iran urges US to unblock aircraft deals, seeks investors

Iran urges US to unblock aircraft deals, seeks investors

Iran urged the United States on Sunday to remove remaining obstacles to it buying passenger planes following the lifting of…
CNN: The world’s busiest airport is ….

CNN: The world’s busiest airport is ….

It's final: Atlanta remains the world's busiest passenger airport for another year. 
IMF sees ‘productive’ talks on Egypt loans with China, Saudi Arabia

IMF sees ‘productive’ talks on Egypt loans with China, Saudi Arabia

The International Monetary Fund said on Thursday it has held "very productive discussions" with authorities in China and Saudi Arabia…
KLM has not informed Civil Aviation Ministry of flight suspension plan: official

KLM has not informed Civil Aviation Ministry of flight suspension plan: official

KLM Royal Dutch Airlines has not yet officially communicated its decision to temporarily suspend flights to Cairo starting next January,…
Russia could temporarily ban some agricultural imports from Egypt

Russia could temporarily ban some agricultural imports from Egypt

Russia's food safety watchdog Rosselkhoznadzor said on Tuesday it could impose a temporary ban on imports of "products of high…
Egypt’s hotel rates rise despite struggling tourism sector

Egypt’s hotel rates rise despite struggling tourism sector

Despite the tremendous drop in occupancy rates, revenues and tourist arrivals in the past few months, hotels across Egypt saw…
Global oil surplus to persist into first half of 2017: IEA

Global oil surplus to persist into first half of 2017: IEA

A sharp slowdown in global oil demand growth, coupled with ballooning inventories and rising supply means the crude market will…
Imports from Nile Basin countries decline to $31.7 in May: CAPMAS

Imports from Nile Basin countries decline to $31.7 in May: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed a decline in the volume of imports from the…
Oil price falls as US drills more

Oil price falls as US drills more

Oil fell for a second trading day in a row on Monday, after speculators cut their bullish bets by the…
Wells Fargo will pay $190 million to settle customer fraud case

Wells Fargo will pay $190 million to settle customer fraud case

Wells Fargo has long been the envy of the banking industry for its ability to sell multiple products to the…
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