Will pound’s flotation smooth the path for cars or take them in opposite direction?
In the wake of the Central Bank of Egypt’s (CBE) decision to liberate the exchange rate, opinions of workers in the automotive sector are varied as the impact of this…
Next US president should pivot back to Europe, scholars say
From the Syrian carnage to North Korea aggressively upping its nuclear arms program, a slew of global challenges await Barack Obama's successor.
Flotation supports economy, but unfavourable for auto sector: Egyptian Automotive Dealers Association chairperson
Osama Aboul Maged, the chairperson of the Egyptian Automotive Dealers Association, praised the Central Bank of Egypt’s decision to liberalise the exchange on Thursday, setting its value based on supply…
China trade activity slows amid sluggish demand
China's exports and imports have fallen more than expected by analysts, fresh figures from the customs administration have shown.
Sinkhole erases downtown street in Japan
A giant sinkhole has opened up in the middle of a five-lane road in Japan, consuming a busy thoroughfare.
Car companies halt sales to reprice in wake of CBE decision
Car companies halted their sales processes to review prices after the Central Bank of Egypt's (CBE) decision to float the Egyptian pound on Thursday. Some companies plan to reprice their…
India optimistic about Egypt’s economic potential: Indian ambassador
Indian investors are expanding their businesses in Egypt, new products will keep entering the market, says Sanjay Bhattacharya
Clinton and Trump make final pitches in battleground states
The latest polls have put Hillary Clinton slightly ahead of Donald Trump as the candidates wrap up a round of final rallies.
Legal challenge to Brexit campaign ‘so misleading it broke the law’
A group of academics and lawyers has written to prosecutors to complain about "false statements" made ahead of the UK referendum vote on June 23.
The Palestinian question and insisting on playing with old cards
I cannot comprehend the reason behind the shock of Sameh Shoukry’s visit to Israel? Egypt has intelligence and economic relations with Israel. These relations have not changed since Anwar Sadat’s…
