economy

Egypt’s strikes in Libya pose challenge to common investments
Business

Egypt’s strikes in Libya pose challenge to common investments

Investors and financial players are split over the potential impact the Egyptian air raids on Islamic State camps in Libya…
Arab-Norwegian parties agree to form chamber of commerce
Business

Arab-Norwegian parties agree to form chamber of commerce

The Arab Union for Human Resources Development (UHRDA) signed on Wednesday a agreement with Majesty, a Norwegian company, for cooperation…
Gloomy survey opens Davos meeting
Business

Gloomy survey opens Davos meeting

Global business leaders are very downbeat on the potential for economic growth in 2015, a closely watched survey said on…
IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15
Business

IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15

The International Monetary Fund (IMF) estimates that Egypt's budget deficit will reach about 11 percent of GDP in 2014/15, as…
Egypt seeks strengthened investment ties with Saudi Arabia
Business

Egypt seeks strengthened investment ties with Saudi Arabia

Egypt said on Sunday it is seeking a strategic alliance with Saudi Arabia, stressing on the necessity to boost trade…
December set for conference on Egypt’s economic future
Business

December set for conference on Egypt’s economic future

Al Mal-GTM, a leading private sector think tank, will hold a CEO conference at Four Seasons Nile Plaza on 1 December…
Morocco to host 5th Annual Global Entrepreneurship summit‏
Business

Morocco to host 5th Annual Global Entrepreneurship summit‏

The fifth annual Global Entrepreneurship Summit (GES) will take place onNovember 19 – 21, 2014 in Marrakech, Morocco, the first time…
Report: Joblessness, inequality top global concerns in 2015
World

Report: Joblessness, inequality top global concerns in 2015

Unemployment and rising income inequality will top concerns for global leaders in 2015, a World Economic Forum (WEF) study said…
Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October
Business

Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October

Egypt's foreign reserves rose to US$16.909 billion at the end of October from $16.872 billion the previous month, the central…
OCI to spin off construction business and list in Egypt, UAE
Business

OCI to spin off construction business and list in Egypt, UAE

Amsterdam-listed OCI said on Thursday it planned to spin off its construction and engineering business and list it on stock…
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