business

Stocks down on fears over second wave as lockdowns ease
World

Stocks down on fears over second wave as lockdowns ease

Fears of a second wave of coronavirus infections in some parts of the world weighed on equities Tuesday, bringing a…
Gold prices in Egypt fall by LE7, 21-karat gold now worth LE743
Business

Gold prices in Egypt fall by LE7, 21-karat gold now worth LE743

Gold prices in the Egyptian market decreased by about seven LE on Saturday compared to Friday’s prices. The price of…
Qatar to postpone US$8 billion of contracts from projects due to coronavirus
Middle East

Qatar to postpone US$8 billion of contracts from projects due to coronavirus

DUBAI (Reuters) – Qatar’s ruler has asked the government to postpone US$8.2 billion in unawarded contracts on capital expenditure projects…
UAE agriculture tech start-up secures US$120 million investment commitment
Middle East

UAE agriculture tech start-up secures US$120 million investment commitment

DUBAI (Reuters) – United Arab Emirates agriculture technology start-up Pure Harvest Smart Farms has raised US$20.6 million in fresh funding…
Coronavirus to cause first annual decline in oil use in decade: IEA
World

Coronavirus to cause first annual decline in oil use in decade: IEA

The world is set for its first annual decline in oil consumption in more than a decade due to the…
Egypt plans to sell $500 mln Banque du Caire stake via IPO in April- chairman
Business

Egypt plans to sell $500 mln Banque du Caire stake via IPO in April- chairman

CAIRO, March 3 (Reuters) – Egypt aims to sell a minority stake in state-owned Banque du Caire in an initial…
IMF recommends ‘economic program’ to develop Egypt’s private sector
Business

IMF recommends ‘economic program’ to develop Egypt’s private sector

The International Monetary Fund (IMF) recommended that Egypt needs a new package of reforms geared towards supporting and developing its…
As nations bicker, a greener future evolves in finance
Environment

As nations bicker, a greener future evolves in finance

Away from the toxic atmosphere at climate summit talks, in boardrooms, banks and trading houses, a transformation in green finance…
Egypt seeks further financing from EBRD for private sector: Minister
Business

Egypt seeks further financing from EBRD for private sector: Minister

Minister of International Cooperation Rania al-Mashat on Saturday met with Suma Chakrabarti, the President of the European Bank for Reconstruction…
Chinese companies provide over 30,000 job opportunities in Egypt: Diplomat
Business

Chinese companies provide over 30,000 job opportunities in Egypt: Diplomat

The Chinese Consul General in Alexandria Zhao Liying on Thursday said that the volume of Chinese investments in Egypt increased…
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