market

Google bucks soaring smartphone prices with new Pixel
World

Google bucks soaring smartphone prices with new Pixel

Google bucked the soaring smartphone price trend Tuesday, unveiling a high-performance Pixel handset aimed at the middle of the market…
EFSA to increase market capitalization to LE1.6 trillion: Chairman
Business

EFSA to increase market capitalization to LE1.6 trillion: Chairman

The Egyptian Financial Supervisory Authority (EFSA) strategy until 2022 aims to raise the number of listed companies to 275 and…
UAE seeks rich, educated foreigners with long-term visa scheme
Middle East

UAE seeks rich, educated foreigners with long-term visa scheme

DUBAI (Reuters) – The United Arab Emirates will offer long-term visas to rich property investors, senior scientists and entrepreneurs in…
Egypt selected ‘Africa’s best investment destination’ for second year in row: Rand Merchant Bank
Business

Egypt selected ‘Africa’s best investment destination’ for second year in row: Rand Merchant Bank

  Egypt’s Minister of Investment Sahar Nasr praised Rand Merchant Bank’s (RMB) choice of Egypt as the best investment destination…
Oil dips as emerging market woes dim demand outlook
Middle East

Oil dips as emerging market woes dim demand outlook

LONDON (Reuters) – Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel…
Steigenberger Hotels to expand in Egypt with new hotel in Luxor set to open by 2018
Travel

Steigenberger Hotels to expand in Egypt with new hotel in Luxor set to open by 2018

Steigenberger Hotels & Resorts, part of Deutsche Hospitality, has signed an agreement to open up the Steigenberger Resort Achti in…
South Korea plans to ban cryptocurrency trading, rattles market
World

South Korea plans to ban cryptocurrency trading, rattles market

South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual…
US dollar exchange rate approaching LE 18
Business

US dollar exchange rate approaching LE 18

The US dollar exchange rate hiked during Monday morning trading, approaching LE 18, with more than one bank selling it…
Bitcoin hits new record high as warnings grow
World

Bitcoin hits new record high as warnings grow

Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns…
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