The cost of love: the economics of Valentine’s Day
Nationwide spending in US on Valentine's Day expected to reach $19.6bn in 2018, US NRF says
Oscar Misr targets EGP 300m contractual sales in the current year
Company to launch new housing project by end-February
Ride-hailing company Uber logs huge annual loss
Uber has booked massive full-year losses, a technology site has reported. The company is struggling to recover from a series of scandals, as well as increased regulation by state and…
Jumeirah Real Estate markets Jumeirah Golf project in Egypt, expects AED 1bn sales
Company marketed about 60% of units, Egyptian clients purchased about 11% of them
Lower interest rate, expiry of higher certificates to revive real estate sector in H2 2018
Most cash flow available after expiration will be pumped as investment in sector
Shaun White soars to halfpipe glory
The biggest name in winter sports sealed halfpipe gold in a nail-biting final on day 5 in Pyeongchang, reminding everybody why he’s still the undisputed king of the slopes.With flame-red…
Ilkay Gündogan stars in City rout as Juventus and Tottenham produce thriller
Joachim Löw watched on as German international Ilkay Gündogan inspired seemingly unstoppable Manchester City to a 4-0 win. In Turin, Sami Khedira had less luck as Tottenham fought back to…
Agreement between Petroleum Ministry, BHGE to market petroleum exploration
Minister of Petroleum and Mineral Resources Tarek El-Molla signed a cooperation agreement between the Ministry of Petroleum and Baker Hughes, a GE Company (BHGE) to launch a project to create…
Zohr field to save Egypt $4bn by end-2019
Production of Nooros gas field estimated at 1.2bn cubic feet per day; was expected to produce 350-400m cubic feet per day, says Moanas
Egypt’s petroleum minister meets Algerian counterpart to improve bilateral cooperation
Minister of Petroleum Tarek El-Molla met with his Algerian counterpart Mustapha Guitouni to discuss possible projects through cooperation between the two countries. El-Molla explained that the two countries have an…