Latest Business News
Eni gas discovery to alleviate balance of payments pressures: Moody’s
Recent gas discovery is positive credit for Egypt, says report
What helping refugees costs Germany
Germany is taking in large numbers of refugees. Taking care of them…
US adds jobs, but at a slower clip
US job creation rose less than expected in August as the unemployment…
China turmoil, Fed hikes weigh on G20 meeting
Recent market volatility in China will top the agenda as bank chiefs…
Rice exports resumed with annual 1m tonne limit
FEI says rice exports generate $600m for Egypt every year
IMF calls on US Fed to ‘hold off’ on rate hike
The International Monetary Fund (IMF) believes the US central bank has room…
ECB President Mario Draghi drops hints of more stimulus to come
The European Central Bank has held its first meeting since Chinese markets…
Cultural tourism declines against coastal tourism in Egypt
Over the past year, Egypt’s tourism industry brought in $7.3bn and 9.9…
Led by Saudi Arabia, Persian Gulf oil countries resist tough climate agreement
Saudi Arabia is being accused of trying to water down the climate…
ECB holds key rate steady
The European Central Bank has left its key interest rate unchanged at…