Latest Business News
FRA finalises Sukuk regulations’ amendments, paving the way for promising investment
several companies want to issue sukuk in 2020, including real estate investment,…
Egypt lowers fuel prices by 3%
Fuel prices fall by 25 piastres due to ongoing coronavirus pandemic which…
Kremlin considers OPEC+ agreement done deal
"Definitely. Last night 22 countries reached a compromise, and the question was…
Egypt’s strategic reserve of wheat “safe”: cabinet
"Egypt, the world's largest wheat importer, has enough stock of the grain…
Egypt’s participation in OPEC+ aimed at market stability: minister
Egypt's participation in the OPEC+ meeting aimed at a direct follow-up and…
IMF doubles emergency lending to $100bn to tackle coronavirus
IMF Managing Director Kristalina Georgieva said that the IMF anticipates the worst…
US Fed announces $2.3trn financing to support economy amid Covid-19 pandemic
Among the Fed's measures were details regarding its Main Street Lending Program…
Coronavirus may see half a billion people driven into poverty: Oxfam
The world could see up to half a billion people driven into…
Egypt’s annual core inflation on hold at 1.9% in March: CBE
The CBE added that its consumer price index (CPI) inched up to…
Industry Ministry secures disinfectant factories’ needs of ethanol, methanol
The ICA has conducted 2,108 inspection tours of local factories and 4,413…