Egypt News Egypt seizes 9,000 tonnes of sugar in raids amid shortage Noha Gad Oct 27, 2016 0 The Egyptian authorities have seized 9,000 tonnes (9,920 tons) of sugar in raids on factories and warehouses, amid…
forex news Oil lingers around $50 over doubts OPEC can coordinate output cut Yomna Yasser Oct 27, 2016 0 Oil prices were stable on Thursday, lingering around $50 a barrel, as doubts over OPEC's ability to organize a…
forex news Gold extends gains, buoyed by Indian festival demand Yomna Yasser Oct 26, 2016 0 Gold prices extended gains on Wednesday after touching nearly 3-week highs in the previous session, buoyed by…
forex news Oil prices drop as concerns over global fuel glut re-emerge Yomna Yasser Oct 26, 2016 0 Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising…
Banks Egypt’s EFG-Hermes to expand into U.S. with planned New York office Yomna Yasser Oct 25, 2016 0 Egypt’s EFG-Hermes, the leading investment bank in the Middle East, is planning to open a New York office to serve…
forex news Oil prices dip on OPEC squabbles ahead of planned production cut nada nasser Oct 25, 2016 0 Oil prices dipped on Tuesday as disagreement flared within producer cartel OPEC on who should cut how much…
World Asia markets mixed; Kospi falls as GDP growth slows nada nasser Oct 25, 2016 0 Markets in Asia traded mixed on Tuesday, as South Korea's shares slipped after data showed economic growth slowed…
Industry & Trade Authorities confiscate sugar at Egypt’s largest food producer Edita Noha Gad Oct 24, 2016 0 Egyptian authorities seized sugar stocks at Edita Food Industries, one of the country's largest food producers, on…
Industry & Trade Egypt limits area for rice cultivation in 2017 to preserve water Noha Gad Oct 24, 2016 0 Egyptwill decrease land area used for rice production in the 2017 season with a decrease of 34.6 percent, according…
Industry & Trade FEDCOC describes Egypt’s supply ministry confiscation of goods “unlawful” Noha Gad Oct 23, 2016 0 The Federation of Egyptian Chambers of Commerce (FEDCOC) denounced the Ministry of Supply and its Investigation…