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Money
Egypt’s e-commerce Sharwa collects $2 million pre-Seed
Egypt's social commerce platform Sharwa has closed a $2 million pre-Seed funding round on Wednesday. This round is…
China cuts key interest rate once again this year
China's central bank has on Monday unexpectedly lowered its key interest rate for the second time this year as it…
Gold falls 1% on dollar rebound, cautious investors
Gold prices declined 1 percent on Monday as the dollar strengthened, making investors become more cautious in the…
Gold prices in Egypt on August 15
Gold prices in Egypt decreased on Monday as the global prices of the yellow metal recorded $1,775.39.
Gold prices in Egypt on August 14
Gold prices in Egypt increased slightly on Sunday as the global prices of the yellow metal recorded $1815 .
Egypt’s foreign currency gap shrinks to $400 million in July – c.bank official
The Central Bank of Egypt (CBE) announced on Saturday that Egypt's foreign currency gap narrowed to $400 million…
Nokia, Etisal sign agreement to manufacture Nokia phones in Egypt
Nokia mobile has signed a cooperation agreement with Egypt-based Etisal for Advanced Industries (EAI) to increase…
Egypt’s SAIB bank records net profit $16 million
Egypt’s Societe Arab Internationale de Banque (Saib) reported on Thursday that its net profit recorded about 306…
CIB’s Ahmed Issa becomes Egypt new Tourism and Antiquities Minister – Profile
Ahmed Issa has on Saturday been appointed as Egypt’s minister of tourism and antiquities following a major Cabinet…
Saudi Electricity gets $567.5 million to finance power interconnection project with Egypt
Saudi Electricity Company (SEC) has secured a $567.5 million export credit agency (ECA) facility from Standard…