Economy

Egypt’s chemical and fertilizer exports decline to US$4.15 billion over 10 months

Egypt’s chemical and fertilizer exports decline to US$4.15 billion over 10 months

Egypt’s exports of chemicals and fertilizers decreased by 4.8 percent during the first ten months of 2020, reaching $4.153 billion…
Tax revenues represent over 80 percent of Egypt’s state budget in Egypt: Official

Tax revenues represent over 80 percent of Egypt’s state budget in Egypt: Official

The Egyptian Tax Authority’s (ETA) revenues represent more than 80 percent of the state’s general budget, said an official within…
Egypt tops emerging markets in containing inflation: Report

Egypt tops emerging markets in containing inflation: Report

The Egyptian Cabinet media center announced Saturday that Egypt has topped all other emerging markets in containing inflation. According to…
Gold prices take another dive in Egyptian market, 21-karat falls LE5 to LE818

Gold prices take another dive in Egyptian market, 21-karat falls LE5 to LE818

Gold prices dropped agian in Egypt on Tuesday, as the price of 21-karat gold (the market’s highest selling gold) fell…
Egypt’s central bank cuts interest rates by 50 basis points

Egypt’s central bank cuts interest rates by 50 basis points

Egypt’s central bank cut its main interest rates by 50 basis points on Thursday, moving to support an economy badly…
Egypt’s debt declines to 78 percent in June 2020: Minister

Egypt’s debt declines to 78 percent in June 2020: Minister

Minister of Finance Mohamed Maait on Wednesday announced that Egypt’s debt declined to 78 percent in June 2020 and 90.2…
Egypt, World Bank agree to invest US$450 mn to battle coronavirus

Egypt, World Bank agree to invest US$450 mn to battle coronavirus

Egyptian Minister of International Cooperation Rania al-Mashat and the World Bank on Tuesday has agreed to invest US$450 million to…
Egypt’s headline inflation quickens to 4.5% in October

Egypt’s headline inflation quickens to 4.5% in October

Egypt’s annual urban consumer price inflation rose to 4.5 percent in October from 3.7 percent in September, official statistics agency…
Gold prices rise again after Monday’s unprecedented decline

Gold prices rise again after Monday’s unprecedented decline

After a historic drop of LE38 on Monday, the price of gold rose again Tuesday morning, recording an increase of…
FEC: Egyptian food exports up 2 percent this year

FEC: Egyptian food exports up 2 percent this year

The Food Export Council (FEC) in Egypt announced on Monday that the country’s processed food exports from January to September…
Back to top button