MIFE 2018 kicks off hosting around 38,000 franchises

Sat, Nov. 17, 2018

The 16th Middle East and North Africa International Franchising and Licensing Exhibition and Conference (MIFE 2018) kicked off on Nov.17 to last for three days.

Egypt's textile exports reach $ 678 mln during 9 months

Sat, Nov. 17, 2018

Egypt's textile exports increased during January-September, 2018 by 10% to reach $678 million compared to $614 million during the same period last year.

Nassar, Japan's SARAYA chief to set up world's largest cosmetics complex in Ain Sokhna

Sat, Nov. 17, 2018

Nassar has discussed with Yusuke Saraya the President of Japan's leading global manufacturer of personal hygiene products SARAYA the company's investment plan in Egypt.

Algeria shelves subsidy reforms before presidential elections

Fri, Nov. 16, 2018

Algeria is backtracking on some economic reforms such as cutting costly subsidies as the country wants to minimise the risk of protests before presidential elections next year

Germany's Schroeder warns against demonising China

Fri, Nov. 16, 2018

Weighing into Germany's debate about its ties with China, former chancellor Gerhard Schroeder warned Berlin against demonising Beijing

Airbus planning for 'no-deal' Brexit as 'baseline' scenario -memo

Fri, Nov. 16, 2018

Europe's Airbus is planning for a "no deal" Brexit as its "baseline" scenario amid a political storm over a draft transition deal

Urban ranching: A socialist commune's response to Venezuela's crisis

Fri, Nov. 16, 2018

A socialist commune has drawn the ire of its neighbors in a wealthy area of Caracas with an unusual response to the hyperinflation and food shortages afflicting Venezuela

CBE keeps interest rates on hold in November

Thu, Nov. 15, 2018

MPC set the overnight deposit rate and the overnight lending rate at 16.75 percent and 17.75 percent, respectively.