Business

SCA plans to establish yacht industry in Egypt

Chairman of the Suez Canal Authority Osama Rabie said Friday 12/7/2024 the SCA is advancing towards establishing the yacht industry in Egypt.

The plan includes the creation of “Egypt Yachts” in partnership with the Red Sea South Shipyard Company, Rab…

Oil prices fall despite the dollar’s decline

Oil prices fell during the end of trading, on Thursday, despite the weakness of the dollar after the disclosure of key US inflation data.

The dollar suffered sharp losses this week, with the focus largely shifting towards the upcoming inflation data …