business

Biden administration proceeding with $23 billion weapon sales to UAE
Middle East

Biden administration proceeding with $23 billion weapon sales to UAE

WASHINGTON (Reuters) – US President Joe Biden’s administration has told Congress it is proceeding with more than $23 billion in…
US Dollar and Euro to Egyptian pound exchange rates for Monday
Business

US Dollar and Euro to Egyptian pound exchange rates for Monday

The US dollar to Egyptian pound exchange rate on Monday recorded a low of LE15.62 for purchase and LE15.72 and…
EgyptAir passes GHS safety risk assessment
Egypt

EgyptAir passes GHS safety risk assessment

On Friday, the Holding Company for EgyptAir passed GHS’s safety risk assessment, which took place from April 4 to 8.…
Analysis: Saudi $7 trillion investment goal puts spotlight on oil prices
Middle East

Analysis: Saudi $7 trillion investment goal puts spotlight on oil prices

DUBAI (Reuters) – In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices.…
US dollar to Egyptian pound exchange rate for Thursday
Business

US dollar to Egyptian pound exchange rate for Thursday

The US dollar to Egyptian pound exchange rate on Thursday recorded a low of LE15.64 for purchase and LE15.74 for…
Analysis: White House, US companies could agree on 25% tax rate, officials, business groups say
World

Analysis: White House, US companies could agree on 25% tax rate, officials, business groups say

Reuters) – President Joe Biden has championed raising the US corporate tax rate to 28 percent from 21 percent as…
Japan receives first shipment of Egyptian oranges
Business

Japan receives first shipment of Egyptian oranges

After fulfilling the world’s strictest quarantine and technical requirements, a shipment of Egyptian oranges have made their way to Japan.…
Egypt among top 10 suppliers of fertilizer worldwide: minister
Egypt

Egypt among top 10 suppliers of fertilizer worldwide: minister

On Tuesday, the Egyptian Minister of Trade and Industry Nevine Gamea said that Egypt is among the top 10 suppliers…
Power play – India wields oil ‘weapon’ to cut dependence on Saudi
Middle East

Power play – India wields oil ‘weapon’ to cut dependence on Saudi

NEW DELHI (Reuters) – When India’s government last month asked refiners to speed up diversification and reduce dependence on the…
Happening now: A closer look inside AUC’s Research and Creativity Convention
Egypt

Happening now: A closer look inside AUC’s Research and Creativity Convention

After a one-year pause, the American University in Cairo is hosting its 15th annual Research and Creativity Convention (RCC), which…
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