Banks Central Bank Governor Amer says Egypt inflation has peaked Yomna Yasser Sep 18, 2017 0 Egyptian Central Bank Governor Tarek Amer said inflation in the most populous Arab country has peaked after policy…
Banks Unexpectedly surge in interest rates by 200 basis points: Egypt CBE Yomna Yasser Jul 8, 2017 0 The Monetary Policy Committee (MPC) at the Central Bank of Egypt (CBE) announced raising interest rates by two…
Industry & Trade Dana Gas plans raising Wastani gas production in Egypt to 235m ft3/d Noha Gad Jan 15, 2017 0 Emirati-based Dana Gas targets raising production capacity of its local partner in Egypt, El Wastani Petroleum…
Industry & Trade Exports to Iraqi Kurdistan to reach $26m by 2020: Egypt’s CEC Noha Gad Dec 20, 2016 0 Egyptian Chemical Export Council (CEC) targets raising state's exports to Iraqi Kurdistan with five-fold to reach…
Industry & Trade Mercedes-Benz studies raising investments in Egypt Noha Gad Dec 17, 2016 0 A mission from the global automobile manufacturer Mercedes-Benz is set to visit Cairo by the beginning of 2017 to…
Industry & Trade Number of Italian firms investing in Egypt to hit 1,200 in two years Noha Gad Nov 29, 2016 0 The Egyptian government targets raising the number of Italian firms investing in Egypt from 600 to 1,200 within the…
Tech news Uber Mideast rival Careem said near to $300 mn funding Ghada Ismail Nov 24, 2016 0 Careem Networks FZ, which competes with Uber Technologies Inc. in the Middle East, is close to raising about $300…
Industry & Trade Agricultural crops exports to hit $2.4b by August 2017: Egypt’s Council Noha Gad Nov 13, 2016 0 The Egyptian Agricultural Export Council targets raising exports by 5 percent to reach US$2.4 billion by the end of…
Tech news Adobe Voco ‘Photoshop-for-voice’ arouses controversy Ghada Ismail Nov 8, 2016 0 A new application that promises to be the "Photoshop of speech" is raising ethical and security concerns. Adobe…
Industry & Trade Trade ministry plans raising non-oil exports to $30bn by 2020: Egypt’s Qabil Noha Gad Oct 29, 2016 0 Egyptian Trade and Industry Ministry plans doubling state's non-petroleum exports to around US$30 billion before…
Banks Fed’s Yellen sees stronger case for interest rate hike Noha Gad Aug 27, 2016 0 The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other…
Banks Gaining confidence, Fed officials eye interest rate hike this year Noha Gad Aug 17, 2016 0 The Federal Reserve is raising expectations for an interest rate rise this year, even as early as next month, after…
International News Trump retreats on comments on raising taxes on the wealthy Noha Gad May 10, 2016 0 Republican presidential candidate Donald Trump backtracked on Monday on his remarks about raising taxes on wealthy…
Industry & Trade Japan export growth slows sharply, raising fears of recession Noha Gad Oct 21, 2015 0 Japan's annual export growth slowed to a crawl in September as shrinking sales to China hurt the volume of…
Blogging 5 Things to Watch in Janet Yellen’s Testimony Administrator Feb 25, 2015 0 Federal Reserve Chairwoman Janet Yellen goes to Capitol Hill this week to deliver her semiannual testimony on…