business
Mandatory closing times for retail businesses, restaurants across Egypt to take effect December 1
Egypt
November 12, 2020
Mandatory closing times for retail businesses, restaurants across Egypt to take effect December 1
The new government-imposed opening hours on shops, restaurants, cafes, and malls will be imposed starting December 1, Cabinet spokesperson Nader…
Future of business travel unclear as virus upends work life
World
November 11, 2020
Future of business travel unclear as virus upends work life
For the lucrative business travel industry, Brian Contreras represents its worst fears. A partner account executive at a US tech…
Energy leaders leave door open to more cuts as virus spikes
Middle East
November 10, 2020
Energy leaders leave door open to more cuts as virus spikes
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s energy minister said Monday that global energy producers have the ability to…
Egypt, European Investment Bank to sign €1.1 billion financing agreement for upcoming major projects
Business
November 10, 2020
Egypt, European Investment Bank to sign €1.1 billion financing agreement for upcoming major projects
Egypt’s Ministry of Transportation agreed on Monday to sign a financing agreement worth €1.1 billion with the European Investment Bank (EIB)…
Saudi economy contracts 4.2% in third quarter, improves from second quarter
Middle East
November 10, 2020
Saudi economy contracts 4.2% in third quarter, improves from second quarter
DUBAI (Reuters) – Saudi Arabia’s economy shrank 4.2 percent in the third quarter from a year earlier, government data showed…
FEC: Egyptian food exports up 2 percent this year
Economy
November 9, 2020
FEC: Egyptian food exports up 2 percent this year
The Food Export Council (FEC) in Egypt announced on Monday that the country’s processed food exports from January to September…
Cabinet denies reports of EgyptAir’s privatization
Business
November 6, 2020
Cabinet denies reports of EgyptAir’s privatization
The Egyptian Cabinet said on Friday that the rumors alleging the government’s plans to privatize EgyptAir for the benefit of…
Assad blames Syria’s current economic woes on Lebanese banks
Middle East
November 6, 2020
Assad blames Syria’s current economic woes on Lebanese banks
DAMASCUS, Syria (AP) — Syrian President Bashar Assad said much of his country’s current economic distress is a direct result…
Dubai’s budget carrier to start regular flights to Tel Aviv
Middle East
November 4, 2020
Dubai’s budget carrier to start regular flights to Tel Aviv
DUBAI, United Arab Emirates (AP) — Dubai’s budget carrier flydubai said Wednesday that it would start flying twice daily to…
Photos – Giza Plateau massive development: Cable car, electric transportation, and heliport
Egypt
November 4, 2020
Photos – Giza Plateau massive development: Cable car, electric transportation, and heliport
In the midst of the ongoing coronavirus pandemic, Egypt’s Giza Plateau development project is showing no signs of slowing. The…