business
Egypt receives final batch of 10 new locomotives from GE
Egypt
March 30, 2021
Egypt receives final batch of 10 new locomotives from GE
On Monday evening, Egypt received the final batch of ten new locomotives from the General Electric (GE) company at Alexandria…
Factbox: Saudi Arabia seeks to draw in foreign companies
Middle East
March 29, 2021
Factbox: Saudi Arabia seeks to draw in foreign companies
DUBAI (Reuters) – Saudi Arabia has been pushing foreign firms to invest in the kingdom and set up regional headquarters…
AUC’s annual Research and Creativity Convention to kick off virtually Sunday
Egypt
March 26, 2021
AUC’s annual Research and Creativity Convention to kick off virtually Sunday
For the first time, the American University in Cairo (AUC) will hold its annual Research and Creativity Convention (RCC) virtually,…
Lebanon private sector steps in to speed up vaccine campaign
Middle East
March 26, 2021
Lebanon private sector steps in to speed up vaccine campaign
BEIRUT (AP) — Lebanon’s private sector is stepping in to speed up the vaccination campaign against coronavirus by importing at…
Egyptian Stock Exchange suspends trading after a 5% drop
Economy
March 23, 2021
Egyptian Stock Exchange suspends trading after a 5% drop
The Egyptian Stock Exchange suspended trading on Tuesday for 30 minutes after the EGX 100 index fell by 5 percent,…
National Bank of Egypt’s foreign currency exchange rates for Tuesday
Business
March 23, 2021
National Bank of Egypt’s foreign currency exchange rates for Tuesday
Tuesday’s exchange rates for foreign currencies at the National Bank of Egypt are as follows: The US dollar is LE15.66…
EgyptAir considers running flights to Tel Aviv
Egypt
March 22, 2021
EgyptAir considers running flights to Tel Aviv
EgyptAir Holding Company is currently considering the operation of flights from Cairo to Tel Aviv, Israel, Chairman of EgyptAir Holding…
Port operator DP World sees 2020 profits drop 29% amid virus
Middle East
March 18, 2021
Port operator DP World sees 2020 profits drop 29% amid virus
DUBAI, United Arab Emirates (AP) — Dubai-based port operator DP World announced Thursday its profits slid 29 percent in 2020…
Communications Ministry teams up with global technology leader Thales to strengthen Egypt’s AI industry
Technology
March 17, 2021
Communications Ministry teams up with global technology leader Thales to strengthen Egypt’s AI industry
Egypt’s Ministry of Communications and Information Technology (MCIT) has signed an MoU with France’s tech giant Thales to further develop…
US Dollar to Egyptian pound exchange rates for Monday
Business
March 15, 2021
US Dollar 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 for…