Last Update 20:36
Friday, 21 February 2020
Washington wants its allies to ban Huawei, the world's largest producer of telecoms equipment, arguing the use of its kit creates the potential for espionage by China - a claim denied by Huawei and Beijing
A decrease in interest rates is ruled out by most analysts, though further cuts this year are likely
The project will cost EGP 1.5 billion and is expected to be completed in 3.5 years
Some economists expect the Central Bank of Egypt to keep rates steady, while others forecast a cut of between 50 and 100 basis points
Maait said the Egyptian economy’s growth rate reached 5.6 percent in FY2018/2019, making it one of the top growth performers in the region
CBE governor Tarek Amer said the national economy has proved its capability to face global challenges.
The increase in revenues translated to a 13.8 percent year-on-year increase in gross profits
The five companies are Royal Dutch Shell, Chevron , BP, Total and Exxon Mobil, the petroleum minister said
Egypt stopped importing LNG in September 2018 after major discoveries of gas fields in Egyptian territory in recent years, including the giant offshore gas field Zohr in the Mediterranean
1 2 3 4 5   

© 2010 Ahram Online.