Bloomberg
Power cuts to return, Egypt seeks liquefied natural gas imports to avoid summer blackouts
Egypt
June 6, 2024
Power cuts to return, Egypt seeks liquefied natural gas imports to avoid summer blackouts
The Egyptian government will issue a global tender starting June to import around 15 liquefied natural gas (LNG) shipments until…
Devaluation of Egyptian pound may be postponed for two months: Citigroup
Main Slider
May 12, 2023
Devaluation of Egyptian pound may be postponed for two months: Citigroup
Expectations about a new official devaluation of the Egyptian pound before the end of the current fiscal year have declined,…
Egypt needs to depreciate its currency again: Bloomberg
Business
August 17, 2022
Egypt needs to depreciate its currency again: Bloomberg
Bloomberg news agency reported that the increasing pressure on the Egyptian economy has led the largest banks in the world…
India is in talks to export wheat to Egypt
Business
March 22, 2022
India is in talks to export wheat to Egypt
The Bloomberg Agency revealed that India is in final talks to start exporting wheat to Egypt, the world’s largest importer,…
Egypt in talks with IMF about new loan: Bloomberg
Business
March 17, 2022
Egypt in talks with IMF about new loan: Bloomberg
Bloomberg reported in urgent news, Thursday, that Egypt is in talks with the International Monetary Fund about possible support that…
Oil rally to continue in 2022 as demand outstrips supply, analysts say
Middle East
January 13, 2022
Oil rally to continue in 2022 as demand outstrips supply, analysts say
LONDON, Jan 12 (Reuters) – Oil prices that rallied 50% in 2021 will power further ahead this year, some analysts…
Egypt will soon be one of world’s top ten gas exporters: Bloomberg
Egypt
January 29, 2021
Egypt will soon be one of world’s top ten gas exporters: Bloomberg
Egypt is on its way to becoming one of the world’s top ten natural gas exporters, Bloomberg news agency reported.…
Saudi Telecom negotiates reducing possible Vodafone stake to below 55%
Business
September 9, 2020
Saudi Telecom negotiates reducing possible Vodafone stake to below 55%
The Saudi Telecom Company is negotiating with Vodafone International to reduce the value of the offer it submitted to buy…
Bloomberg highlights Cairo, GEM in “Where to Go in 2020” list
Life & Style
January 9, 2020
Bloomberg highlights Cairo, GEM in “Where to Go in 2020” list
Bloomberg has listed Cairo among 24 travel destinations around the world in its “Where to Go in 2020” list, with…
Company profits in Egypt surge to pre-pound flotation rates: Bloomberg
Business
November 29, 2019
Company profits in Egypt surge to pre-pound flotation rates: Bloomberg
Profits recorded by Egyptian companies have returned to pre-November 2016 rates, when the Egyptian pound was floated, according to a…