Business News Egypt

  • WEDNESDAY, NOVEMBER 14 JOHANNESBURG- World Bank officials to meet Zambia finance minister and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. ZAGREB- Croatia National Bank holds monetary policy...

  • TUESDAY, NOVEMBER 13 JOHANNESBURG- World Bank officials to meet Zambia finance ministers and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. MELBOURNE- Panel Participation by Guy Debelle, RBA Deputy...

  • In the 1960s Azza Fahmy was the first woman ever to apprentice with a goldsmith in Cairo's bazaar district. Her unique designs, drawn from Egyptian history and Islamic culture, has made her an international success.

    Jewelry icon Azza Fahmy is the first woman in Egypt to train with master craftsman. Today her jewelry is worn by celebrities including Rihanna. The heart of the brand's success is its designs drawn from Egyptian history and Islamic culture.

  • WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. BUDAPEST- Hungarian Central Bank to publish the minutes of its October 2018 rate-setting meeting 1300 GMT. SYDNEY- Panel Participation by Tony Richards, RBA Head of Payments Policy, at The Future of Financial Services Sydney Conference 2018, Sydney- 2310 GMT.

  • TUESDAY, NOVEMBER 6 SYDNEY- Reserve Bank of Australia holds interest rate meeting 0330 GMT. WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. SYDNEY- Panel Participation by Tony Richards, RBA Head of Payments Policy, at The Future of Financial Services Sydney Conference 2018, Sydney- 2310 GMT.

  • A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf.

    The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran next week, Bloomberg cited a U.S. official as saying.

  • **ISRAEL- Bank of Israel holds conference in honor of governor Karnit Flug, who is leaving the bank. Among those scheduled to participate include deputy governor Nadine Baudot-Trajtenberg, OECD chief economist Laurence Boone, Czech central bank chief Jiri Rusnok, Brazil central bank head Ilan Goldfajn, Swedish deputy central bank governor Martin Floden and...

  • WASHINGTON, Oct 31- The International Monetary Fund has reached a staff-level agreement with Egypt to disburse another $2 billion from the country's $12 billion extended fund facility, it said on Tuesday. At the conclusion of a staff visit to Cairo, IMF Middle East and Central Asia Assistant Director Subir Lall said that Egypt's implementation of an economic...

  • **ZAGREB Croatia Finance Minister Zdravko Maric, the Central Bank Governor Boris Vujcic, the European Commission Vice-President Valdis Dombrovskis and some other local experts will attend a conference on Croatia's path towards adopting the euro, a goal which the government wants to achieve within 6-7 years- 0800 GMT. CHISINAU National Bank of Moldova...

  • *Sale of tobacco firm stake pushed to next year. CAIRO, Oct 23- The Egyptian government's postponement of its share sales has raised concerns the budget deficit may widen this year and pushed private companies to delay their own share offerings. Egypt hopes the sales will raise badly needed funds for the state and boost the private sector as the country...

  • SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. SYDNEY- Panel Participation by Michele Bullock, RBA Assistant Governor, at the Sibos 2018 Conference 0300 GMT. SYDNEY- Panel Participation by Guy Debelle, RBA Deputy Governor, at the Sibos 2018 Conference 0430 GMT.

  • PARIS, Oct 19- French state-owned public transport firm RATP aims to more than double its foreign revenue by 2025 through public transport contracts in the Middle East, Asia and the Americas. In a presentation of RATP Group's strategy on Friday, CEO Catherine Guillouard said RATP aims to boost its revenue from 5.5 billion euros in 2017 to seven billion by 2025, of...

  • SANTIAGO- Central Bank of Chile holds monetary policy meeting MONDAY, OCTOBER 22 SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the 2018 ISDA Annual Australia Conference, Sydney- 2235 GMT. SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. JAKARTA- Indonesia Central Bank...

  • CAIRO, Oct 15- Egypt, the world's largest wheat importer, is studying the possibility of hedging against the rise in global prices of the grain, Supply Minister Ali Moselhy said on Monday. Moselhy also said Egypt would need around 400,000 to 500,000 tonnes of rice imports but that the ministry was still evaluating its needs and would not import from only one origin.

  • CAIRO, Oct 15- Shares in Egypt's Sarwa Capital fell 15.1 percent on their first day of trading on the Egyptian stock exchange, bourse data showed on Monday. Sarwa's shares began trading at 7.36 Egyptian pounds per share after a public and private offering worth 2.17 billion Egyptian pounds. Four companies listed in Cairo in the first nine months of this year in...

  • BUDAPEST- Hungarian Central Bank holds its rate-setting meeting- 1200 GMT. SYDNEY- Reserve Bank of Australia will release the minutes of October monetary policy meeting 0030 GMT. SYDNEY- Speech by Guy Debelle, RBA Deputy Governor, at the 2018 Citi Conference- 2120 GMT.

  • *Kurdish-led forces control about one quarter of Syria. *U.S. strategy in Syria has flipflopped in past year. BEIRUT, Oct 3- President Donald Trump's announcement in April that he wanted to pull U.S. troops out of Syria left the country's Kurds fearing they would be abandoned by their most important military ally.

  • U.S. first lady Melania Trump shakes hands with U.S. second lady Karen Pence after giving a speech on her initiative "Be Best" during a reception she hosted in honor of UNGA attendees at the United States mission to the UN on the sidelines of the United Nations General Assembly in New York City, September 26, 2018. 

    First lady Melania Trump heads for Africa on her first big solo international trip, aiming to make child well-being the focus of a five-day, four-country tour that will take her to every corner of the vast and impoverished continent. 

  • *EMG pipeline will export gas from Israel to Egypt. JERUSALEM, Sept 27- Companies operating in both Israel and Egypt will buy a 39 percent stake in the EMG pipeline to enable a landmark $15 billion natural gas export deal to begin next year, the partners said on Thursday. The $518 million purchase by Israel's Delek Drilling, Texas- based Noble Energy and the Egyptian...

  • MONDAY, SEPTEMBER 24 BANGKOK, Thailand- Bank of Thailand Governor Veerathai Santiprabhob speaks at a two-day BOT symposium 2018: The future of money, finance, and central banking- 0200 GMT. BRATISLAVA- Slovakia Central Bank Governor Jozef Makuch holds a news conference 1100 GMT. PRAGUE- Czech National Bank holds monetary policy meeting.