“Amid a global recession, Egypt is grappling with shortages of foreign exchange reserves caused by the impact on the Suez Canal, which serves as one of Egypt’s main sources of foreign currency. As the most crucial waterway globally, any disruptions in the canal will significantly impact Egypt’s foreign currency earnings”, he said.
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‘I pawned my laptop to pay for food and petrol’
admin, , Business, 0
“We hope and believe that, once the FCA appreciate that the loss of access to pawnbroking services would have...
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Customers furious after HSBC down for more than 24 hours
admin, , Business, 0
“People want a bank they can depend on, and if IT outages become a regular occurrence, consumers could be...
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Goldman Sachs to pay $3bn over 1MDB corruption scandal
admin, , Business, 0
“That harm was borne principally and in the first instance by the people of Malaysia, who saw a fund...
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Asda beefs up anti-Covid security for Christmas
admin, , Business, 0
The British Retail Consortium (BRC) said uncertainty made it harder for firms to prepare for the New Year.
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Elon Musk says Tesla has not signed deal with Hertz
admin, , Business, 0
You’re welcome! If any of this is based on Hertz, I’d like to emphasize that no contract has been...
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Ikea to buy back used furniture in recycling push
admin, , Business, 0
Image copyright Mikhail Tereshchenko Image caption Ikea will soon be selling pre-used versions of some of its best sellers...
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US economy adds more jobs than expected in July
admin, , Business, 0
“This is a strong report,” said Aberdeen Standard Investments deputy chief economist James McCann, adding that it would “cement”...
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Broadcasting cash offsets Man Utd’s Covid losses
admin, , Business, 0
Mr Woodward, executive vice chairman, said the Ronaldo deal, along with the signings of Raphael Varane, Jadon Sancho and...
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