Economy

Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months

Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months

Remittances from Egyptians working abroad during the first ten months of 2021 reached about US$26.4 billion, an increase of about…
Egyptian exports achieve highest level ever during 2021

Egyptian exports achieve highest level ever during 2021

Minister of Trade and Industry Nevine Gamea announced on Wednesday that Egyptian non-oil exports amounted to US$32.128 billion for the…
Japanese companies to inject new investments into Egypt, ambassador

Japanese companies to inject new investments into Egypt, ambassador

The new Japanese ambassador to Cairo, Oka Hiroshi, said that there are new Japanese companies that have decided to pump…
MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy

MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy

Under secretary of the Senate’s Irrigation and Agriculture Committee, Gamal Aboul-Fotouh said on Monday that the success of the economic…
South Korea president visits Egypt on Wednesday to discuss business opportunities

South Korea president visits Egypt on Wednesday to discuss business opportunities

South Korean President Moon Jae-in will arrive in Cairo on Wednesday to hold talks with Egypt on renewable industries such…
Italy’s Eni announces 5 exploration licenses in Egypt’s Eastern Mediterranean

Italy’s Eni announces 5 exploration licenses in Egypt’s Eastern Mediterranean

The Italian company Eni announced that on Monday that it won five new exploration licenses obtained from the Egyptian Ministry…
Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians

Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians

Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday to review the main features of the state’s draft general…
Exchange rate of foreign currencies at CBE

Exchange rate of foreign currencies at CBE

The exchange rates of foreign and Arab currencies against the Egyptian pound, during the latest update of the official website…
Suez Canal achieves the highest annual revenue ever with US$ 6.3 billion during 2021

Suez Canal achieves the highest annual revenue ever with US$ 6.3 billion during 2021

The Head of the Suez Canal Authority Osama Rabie announced Sunday that the navigation statistics in the canal for 2021…
Saudi Arabia signs agreements to finance small and medium enterprises in Egypt worth LE 300 million

Saudi Arabia signs agreements to finance small and medium enterprises in Egypt worth LE 300 million

At the conclusion of its three-day meeting in Cairo at the headquarters of the Ministry of International Cooperation, the Saudi…
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