International News Japan’s Abe to delay sales tax hike until 2019 Noha Gad May 29, 2016 0 Japanese Prime Minister Shinzo Abe plans to delay an increase in sales tax by two and a half years, a government…
Egypt News Medicines price rise does not commensurate with Egyptian pound devaluation Noha Gad May 25, 2016 0 The increase applied to medicines does not commensurate with the devaluation of the Egyptian pound, said deputy…
Industry & Trade Egypt to increase natural gas production by 30% by 2019 Noha Gad May 25, 2016 0 Riding high on a series of major discoveries and what appears to be renewed investor interest in Egypt’s energy…
World Asian stocks near 11-week lows, dollar bounces on Fed rate view Noha Gad May 24, 2016 0 Asian shares stumbled to near 2-1/2-month lows on Tuesday and the U.S. dollar pared some of its recent losses as…
Banks Fed signals interest rate hike firmly on the table for June Noha Gad May 19, 2016 0 Federal Reserve officials felt the U.S. economy could be ready for another interest rate increase in June,…
World Asian stocks, gold fall as Fed keeps June hike in play; dollar up Noha Gad May 19, 2016 0 Asian stocks fell and the U.S. dollar stood tall on Thursday as markets scrambled to factor in the possibility of…
Industry & Trade Strong U.S. retail sales, consumer sentiment data buoy economic outlook Noha Gad May 14, 2016 0 U.S. retail sales in April recorded their biggest increase in a year as Americans stepped up purchases of…
Tech news Intel shares could jump to 25 percent in next year Ghada Ismail Apr 18, 2016 0 Intel Corp's shift to higher-growth businesses such as server chips and embedded chips for cars could drive a 25…
Industry & Trade Chemical Council eyes increasing Egyptian exports to Saudi Arabia to $202mn Noha Gad Apr 11, 2016 0 Egyptian Chemical and Fertilizers Export Council (CEC) eyes increasing its exports to Saudi Arabia by 20 percent to…
Industry & Trade German business community keen to boost Egypt investments: minister Ghada Ismail Apr 11, 2016 0 The German business community is keen to increase their investments in Egypt, notably in construction,…