Tech/AI Germany tops Japan with world’s largest current account surplus in 2018 Amwal Al Ghad English Feb 19, 2019 0 Germany’s current account surplus shrank but remained by far the world’s largest last year due to strong exports,…
Industry & Trade Khalda Petroleum cuts cost of oil produced from Apache concession to $4.5/barrel Noha Gad Dec 6, 2016 0 Khalda Petroleum Company has reduced the cost of oil produced from the Apache concession area in the western desert…
Industry & Trade Nile Consumer Complexes eyes sales of $63m in Egypt’s FY2016/17 Noha Gad Nov 21, 2016 0 Egypt-based Nile Consumer Complexes Company targets attaining sales volume of 1.1 billion Egyptian pounds (U$63…
Industry & Trade Power plants consumption of gas steadies at 3.7bn ft3/d- Egypt’s EGAS Noha Gad Aug 21, 2016 0 The natural gas consumption rates of Egyptian power plants steadied during the current week at around 3.7 billion…
Egypt News Cabinet has not lost faith in economy, confident it will get better: Egyptian Minister aya salah Aug 3, 2016 0 Egyptian Minister of Finance Amr El-Garhy said that the financial plan aims to initiate development, ensure there…
Egypt News Banking sector must have access to foreign cash via EGX: EFSA aya salah Jul 24, 2016 0 Egypt’s current crisis of low foreign currency reserves requires that the banking sector has direct access to…
Banks Egypt’s current account deficit almost doubled in first nine months of 2015/16 aya salah Jul 3, 2016 0 Egypt's current account deficit almost doubled in the first nine months of 2015/16 to $14 billion from $8 billion…
World UK current account deficit fails to narrow as expected in Q1 Noha Gad Jun 30, 2016 0 Britain's vast current account deficit failed to narrow as expected in the first three months of this year and…
Industry & Trade Mitsubishi Motors sees annual net loss due to mileage scandal Noha Gad Jun 21, 2016 0 Mitsubishi Motors Corp (7211.T) expects to post a net loss for the current financial year over its mileage cheating…
Banks Chinese banks’ current non-performing loans manageable – IMF’s Lipton Noha Gad Jun 14, 2016 0 The current level of non-performing loans at Chinese banks is a manageable problem, but must not be allowed to get…