Business

Egypt extends high-moisture wheat exemption for one year

Egypt extends high-moisture wheat exemption for one year

Egypt will accept higher moisture levels in government tenders to buy wheat for one year after an initial exemption expires…
Egypt bans rice exports as of Sept. 1

Egypt bans rice exports as of Sept. 1

Egypt will ban rice exports again as of Sept. 1. to satisfy domestic consumption, the ministry of trade and industry…
Surprised by global impact of yuan move, China looks to calm markets

Surprised by global impact of yuan move, China looks to calm markets

China has been so surprised by the global reaction to its currency devaluation that it is likely to keep the…
Egypt’s non-petroleum exports recede by 18.7% in 7 months

Egypt’s non-petroleum exports recede by 18.7% in 7 months

Non-petroleum exports declined during the first seven months of the year by 18.7 percent to reach 11.150 billion dollars compared…
Russia plans to increase wheat supplies to Egypt – Putin

Russia plans to increase wheat supplies to Egypt – Putin

Russia plans to increase wheat supplies to Egypt, Russia's President Vladimir Putin said on Wednesday.According to Putin, Russia sold 4…
Egypt’s market gains LE90 million on Wednesday, EGX30 inches 0.5 %

Egypt’s market gains LE90 million on Wednesday, EGX30 inches 0.5 %

Egypt's equities closed in the green zone on Wednesday's session, as the benchmark EGX30 index inched up 0.53 percent, to…
Competition among travel agencies affects tourism in Red Sea

Competition among travel agencies affects tourism in Red Sea

Competition between foreign travel agencies operating in the Red Sea has increased, leading to a significant decline in accomodation prices…
Euromoney: Egyptian economy faces tremendous challenges

Euromoney: Egyptian economy faces tremendous challenges

The Euromoney institution has announced that the Egyptian economy is going through a critical stage and faces tremendous challenges that…
MIDEAST STOCKS: Saudi stocks pull back, Egypt stalls

MIDEAST STOCKS: Saudi stocks pull back, Egypt stalls

 Saudi Arabia's stock market pulled back in early trade on Wednesday as buying in blue chips petered out, while Egypt's…
Fitch raises Greece rating

Fitch raises Greece rating

Fitch Ratings raised its credit grade for Greece by one notch to CCC Tuesday, saying the new bailout deal reached…
Back to top button