Business News Egypt

  • 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.

  • *Saudi Arabia outperforms in Gulf. DUBAI, Sept 19- Egypt's stock market plunged to its lowest close this year on Wednesday as liquidity tightened, while most Gulf markets were little changed and Saudi Arabia continued to rebound from six-month lows. Fund managers said Egypt's slide was at least partly due to jitters in emerging markets globally, although MSCI's...

  • *Emaar Properties, Emirates NBD hurt Dubai index. *Egypt stocks see lowest closing since Feb. 13. DUBAI/ CAIRO, Sept 16- Saudi Arabian shares closed at a new six-month low on Sunday, and stocks in Dubai and Egypt also fell sharply as risk aversion continued to spread across emerging markets.

  • Street vendors sell shoes at the Al-Attaba market in the centre of Cairo, Egypt, on February 21, 2018.

    Egypt is in recovery mode more than seven years after its 2011 revolution sent the economy spiraling. But the austerity measures behind this growth have led to sharply increased living costs for ordinary Egyptians and deepening social discontent.

  • BERLIN/ CAIRO, Aug 29- European Union Commissioner Guenther Oettinger warned Italy on Wednesday that it would face interest payments if it does not pay its budget contributions on time due to a row over migrant policy. Then on Monday, after only Ireland and Albania offered to help with the migrants, Di Maio said Italy would veto the EU's seven-year budget plan if...

  • *Thomas Cook offers to fly guests back to Britain. LONDON/ CAIRO, Aug 24- Britain's Thomas Cook said it was evacuating all 301 of its customers from a hotel in Egypt's popular Red Sea resort of Hurghada as a precautionary measure after two of its holidaymakers died in circumstances it said were still unclear. John Cooper, 69, and his wife Susan Cooper, a 63- year old who...

  • *Thomas Cook offers to fly guests back to Britain. LONDON/ CAIRO, Aug 24- Britain's Thomas Cook said it was evacuating all 301 of its customers from a hotel in Egypt's popular Red Sea resort of Hurghada as a precautionary measure after two of its holidaymakers died in circumstances it said were still unclear. John Cooper, 69, and his wife Susan Cooper, a 63- year old who...

  • US national security adviser John Bolton  in Jerusalem to meet Israeli Prime Minister Benjamin Netanyahu on August 20, 2018. 

    Turkey can end its currency crisis with the United States if detained American pastor Andrew Brunson is freed, says White House national security advisor John Bolton.

  • TUESDAY, AUGUST 14 JAKARTA- Indonesia Central Bank holds Board of Governors meeting. **SYDNEY- Appearance by Reserve Bank of Australia Governor Philip Lowe before the House of Representatives' Standing Committee on Economics- 2330 GMT. SYDNEY- Panel participation by Sarah Harris, deputy head of Payments Policy Department at Reserve Bank of Australia, at the Risk...

  • *But minister says row will not disrupt oil supplies to Canada. RIYADH, Aug 9- A row over human rights in Saudi Arabia will not have any impact on Saudi oil supplies to Canada, its energy minister said on Thursday, reassuring customers after Riyadh froze new trade with Canada and ruled out mediation efforts. Saudi Arabia, angered by Canada's demand last week that...

  • RIYADH, Aug 9- A row over human rights in Saudi Arabia will not have any impact on Saudi oil supplies to Canada, its energy minister said on Thursday, reassuring customers after Riyadh froze new trade with Canada and ruled out mediation efforts. Saudi Arabia, angered by Canada's demand last week that jailed activists in the kingdom be freed immediately, expelled...

  • RIYADH, Aug 9- A row over human rights in Saudi Arabia will not have any impact on Saudi oil supplies to Canada, its energy minister said on Thursday, reassuring customers after Riyadh froze new trade with Canada and ruled out mediation efforts. Saudi Arabia, infuriated by Canada's demand last week that jailed activists in the kingdom be released immediately,...

  • BELGRADE- National Bank of Serbia interest rate decision- 1000 GMT. FRIDAY, AUGUST 10 PRAGUE- Czech National Bank will release the minutes of its August 2018 monetary policy meeting- 0700 GMT. SYDNEY- Reserve Bank of Australia issues statement on Monetary Policy 0130 GMT.

  • RIYADH/ OTTAWA, Aug 6- Canada on Monday refused to back down in its defense of human rights after Saudi Arabia froze new trade and investment and expelled the Canadian ambassador in retaliation for Ottawa's call to free arrested Saudi civil society activists. In her first public response to Saudi Arabia's actions, Foreign Minister Chrystia Freeland said, "...

  • RIYADH/ OTTAWA, Aug 6- Canada on Monday refused to back down in its defense of human rights after Saudi Arabia froze new trade and investment and expelled the Canadian ambassador in retaliation for Ottawa's call to free arrested Saudi civil society activists. In her first public response to Saudi Arabia's actions, Foreign Minister Chrystia Freeland said "...

  • RIYADH/ OTTAWA, Aug 6- Canada on Monday refused to back down in its defense of human rights after Saudi Arabia froze new trade and investment and expelled the Canadian ambassador in retaliation for Ottawa's call to free arrested Saudi civil society activists. In her first public response to Saudi Arabia's actions, Foreign Minister Chrystia Freeland said "...

  • RIYADH/ OTTAWA, Aug 6- Canada on Monday refused to back down in its defense of human rights after Saudi Arabia froze new trade and investment and expelled the Canadian ambassador in retaliation for Ottawa's call to free arrested Saudi civil society activists. In her first public response to Saudi Arabia's actions, Foreign Minister Chrystia Freeland said "...

  • RIYADH/ OTTAWA, Aug 6- Canada on Monday refused to back down in its defense of human rights after Saudi Arabia froze new trade and investment and expelled the Canadian ambassador in retaliation for the country's call to free arrested Saudi civil society activists. Canada will always stand up for human rights in Canada and around the world, and women's rights are...

  • Canada will always stand up for human rights in Canada and around the world, and women's rights are human rights. " Riyadh on Sunday recalled its ambassador from Canada and gave the Canadian ambassador 24 hours to leave. The moves were a stern rebuke to Canada after the country on Friday expressed concern over the arrests of activists in Saudi Arabia, including...

  • Michael Condran | Skylark 

    From Florida to Jamaica and Canada to Egypt, these fancy new hotels have cheap rates this summer.