business
Egypt investments in UAE jump to $826m: official
Economy
March 17, 2018
Egypt investments in UAE jump to $826m: official
Ahmed Al Wakil, Chairman of the Federation of the Egyptian Chambers of Commerce, said that Egyptian investments have grown in…
Steel tycoon Ahmed Ezz to pay LE 1.8 billion in reconciliation deal with Egypt
Egypt
March 1, 2018
Steel tycoon Ahmed Ezz to pay LE 1.8 billion in reconciliation deal with Egypt
Business tycoon Ahmed Ezz is expected to pay LE 1.8 billion, of which LE 600,000 million were recovered from his…
Egypt among top 5 African banking markets in terms of growth, profitability: McKinsey report
Business
March 1, 2018
Egypt among top 5 African banking markets in terms of growth, profitability: McKinsey report
Egypt is among the top five banking markets in Africa in terms of growth and profitability, according to a study by…
Egypt becomes largest importer of Russian goods: RT
Business
February 22, 2018
Egypt becomes largest importer of Russian goods: RT
Statistics from the Russian Export Center revealed that Egypt has surpassed China as the largest purchaser of Russian products, importing…
Indian investments in Egypt reach $3bn: Indian Ambassador
Business
February 7, 2018
Indian investments in Egypt reach $3bn: Indian Ambassador
India’s Ambassador to Egypt, Sanjay Bhattacharyya, stated on Wednesday that the value of the Indian economy soared to $2.5…
AUC reveals plan for a cashless community, introduces AUC Coin
Business
February 3, 2018
AUC reveals plan for a cashless community, introduces AUC Coin
The American University in Cairo (AUC) announced earlier this week it will be taking its first step to transform its…
Egypt to host first FinTech conference this week to revolutionize economy
Economy
February 3, 2018
Egypt to host first FinTech conference this week to revolutionize economy
Aiming to endorse the use of financial technology applications in Egypt for efficient and cheaper financial services, Egypt is hosting the…
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Economy
January 30, 2018
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Egypt is targeting economic growth of 5.8 percent in the financial year that will begin in July, Planning Minister Hala…
Euro holds three-year highs as dollar weakens further
Business
January 15, 2018
Euro holds three-year highs as dollar weakens further
The euro held at three-year highs against the dollar on Monday after last week’s surge, its rise fueled by growing…
South Korea plans to ban cryptocurrency trading, rattles market
World
January 11, 2018
South Korea plans to ban cryptocurrency trading, rattles market
South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual…