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Last Update 20:8
Business
Africa e-commerce firm expands to new markets

Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, ...

Microsoft says government officials make sudden visits to China offices

Chinese government officials have made sudden visits to Microsoft Corp offices in China, a spokeswoman ...

Scandal-hit China food firm withdrawing all products, U.S. parent says

The parent company of a scandal-hit Chinese food supplier said it is withdrawing all products made ...

Russian central bank lifts rate to counter sanctions bite

The Russian central bank moved on Friday to shield the country's economy from tightening Western ...

Japan inflation eases in June under tax hike blow

Japan's inflation rate eased slightly in June as a sales tax hike stunted demand, the government ...

Egypt banks, stock exchange to close for Islamic holiday, 28-30 August
Festival of Eid El-Fitr marks the end of the Islamic holy month of Ramadan
GM profit skids on recall costs

General Motors on Thursday posted a sharp drop in second-quarter profit as the automaker took heavy ...

easyJet sees annual profit rising at least 14 pct

Low-cost airline easyJet said it was on track to grow annual profit by at least 14 percent assuming ...

Egypt's Suez Canal hits record high on its 58 nationalisation anniversary

Egypt saw on Saturday a record high in the tonnage of cargo passed through its vital Suez Canal ...  

  • Suez Canal earns $2.57 billion in 1/H 2014
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  • Egypt's Suez Canal sees highest revenues since opening
  • UPDATE: 14 consortia have qualified to develop Egypt's Suez Canal
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    Egypt stocks down ahead of Eid El-Fitr holiday
    Slump attributed to investors who have already begun their holidays

    Spain, France lift travel warnings on Sharm El-Sheikh

    France and Spain have eased their warnings against travel to the resort city of Sharm El-Sheikh, ...


    Algerian state energy company Sonatrach replaces CEO

    Algeria's state energy company Sonatrach has replaced its chief Abdelhamid Zerguine with vice ...


    Egyptian government to put LE1 billion into tourism sector

    Egypt's tourism and finance ministries have agreed to inject LE1 billion worth of funds to ...


    2 Comment(s)
    World Bank project to cut Egypt's energy subsidies by $301.5 million
    The Household Natural Gas Connection Project is designed to reduce energy costs for households and lower the government's subsidy bill



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