Credit Agricole Egypt continues development plans in 2018
We have CSR philosophy based on sustainability, empowerment, says managing director
World Bank increases Egypt’s GDP growth forecast to 5.3% in FY 2017/18, 5.7% in FY 2018/19
The World Bank improved its previous forecast of Egypt’s gross domestic product (GDP) growth to record 5.3% in fiscal year (FY) 2017/18 and 5.7% in FY 2018/19, up from 4.9%…
Cabinet serving in acting capacity after submitting resignation
The cabinet of Egyptian Prime Minister Sherif Ismail submitted its resignation to President Abdel Fattah Al-Sisi on Tuesday, days after the start of the president’s new presidential term. The move…
Melania Trump reappears for first public appearance since kidney surgery
US media had speculated about Melania Trump's whereabouts after she failed to make a public appearance after kidney surgery. As she sat next to President Donald Trump at a briefing,…
How the Vegas Golden Knights became the best expansion team in NHL history
Every so often the world of sports produces an extremely unlikely story of success. Two years ago it was Leicester City winning the English Premier League, now it is the…
Russia World Cup is safe and secure, promises FIFA security chief
Football fans can travel to the World Cup in Russia without fear of hooliganism or terrorism, according to FIFA head of security Helmut Spahn. He insists the country is "very,…
Global foreign investment slows as returns decline
Global foreign direct investment (FDI) fell by almost a quarter last year, as returns for investors declined, slowing also growth in production, a United Nations report says. Prospects for a…
Cairo, Al Khobar selected as touristic hotspots with 15%, 9% forecasted growth respectively: Colliers
Cairo hotels were named touristic hotspots by Colliers International, with a forecasted growth of 15% in revenue per available room (RevPAR). According to Colliers’ the MENA Hotel Forecast May 2018…
New EU data law forces firms to ban WhatsApp, Snapchat from phones
Citing data privacy concerns, German auto parts maker Continental has banned WhatsApp and Snapchat from company-issued mobile devices. Will a second phone become the norm for firms, many of which…
Loans: Who is to blame?
The government borrows money to meet its short- or long-term needs when there is a budget deficit. This is called debt. So, debt is a bill paid by coming generations…
