economy
GERD construction may stall because of financial problems: former minister
Egypt
October 20, 2020
GERD construction may stall because of financial problems: former minister
The construction of the Grand Ethiopian Renaissance Dam (GERD) may stall, as the Italian companies that are set to build…
Qatar Airways expects to keep A380s parked for years
Middle East
October 19, 2020
Qatar Airways expects to keep A380s parked for years
DUBAI (Reuters) – Qatar Airways does not expect to use its Airbus A380s for at least the next two years, its…
IMF: Nearly all Mideast economies hit by pandemic recession
Middle East
October 19, 2020
IMF: Nearly all Mideast economies hit by pandemic recession
DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an…
China’s economy accelerates as virus recovery gains strength
World
October 19, 2020
China’s economy accelerates as virus recovery gains strength
BEIJING (AP) — China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls…
Egypt’s economic performance amid coronavirus surpasses all expectations: Minister
Economy
October 17, 2020
Egypt’s economic performance amid coronavirus surpasses all expectations: Minister
Egyptian Finance Minister Mohamed Maait announced Saturday, that the Egyptian economy’s financial performance amid the coronavirus pandemic has exceeded all…
Gold prices in Egypt down by LE2, 21-karat gold at LE827
Business
October 17, 2020
Gold prices in Egypt down by LE2, 21-karat gold at LE827
Gold prices declined in Saturday’s early trade in the Egypt market, following a fall in global prices. The price of…
70 French companies explore investment opportunities in Egypt
Business
October 17, 2020
70 French companies explore investment opportunities in Egypt
Egypt’s Minister of Planning and Economic Development Hala al-Saeed held an expanded video conference seminar with representatives from 70 French…
Egypt to launch first locally assembled electric car in 2021 at LE350,000
Egypt
October 16, 2020
Egypt to launch first locally assembled electric car in 2021 at LE350,000
The production of Egypt’s first locally assembled electric car, priced at LE350,000 (US$22,295), is slated to begin by the end…
German-EU envoy tours Assiut’s new solid waste management unit
Egypt
October 14, 2020
German-EU envoy tours Assiut’s new solid waste management unit
Germany’s Ambassador to Egypt, Cyrill Nunn, and the European Union’s Ambassador to Egypt, Christian Berger, visited on Wednesday Assiut’s solid waste…
Egypt’s Hurghada, Sharm el-Sheikh rank among top Middle East tourist destinations
Travel
October 14, 2020
Egypt’s Hurghada, Sharm el-Sheikh rank among top Middle East tourist destinations
Online travel company Trip Advisor named Egypt’s Red Sea cities of Hurghada and Sharm el-Sheikh among the top 10 regional…