Economy

Egypt’s credit rating maintains stable outlook: Standard and Poor’s

Egypt’s credit rating maintains stable outlook: Standard and Poor’s

Standard and Poor’s (S&P) has kept Egypt’s credit rating in domestic and hard currencies at level B, maintaining a stable…
Egypt plans LE2.86 bn investments for Luxor during 2020/2021

Egypt plans LE2.86 bn investments for Luxor during 2020/2021

Luxor will see 174 development projects with a total public investment of LE2.86 billion as part of the country’s investment…
Minister of Trade witnesses signing of contracts to combat irregular immigration

Minister of Trade witnesses signing of contracts to combat irregular immigration

Minister of Trade and Industry and Executive Director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Nevine Gamea…
EJB tourism committee President: Egypt recovering despite pandemic, now is the time to rebuild

EJB tourism committee President: Egypt recovering despite pandemic, now is the time to rebuild

President of the Egyptian Junior Business Association’s (EJB) Tourism and Aviation Committee and businessman Mohamed Kaoud said in a recent…
Mashat: Egypt tops region’s chart in implementing UN Sustainable Development Goals

Mashat: Egypt tops region’s chart in implementing UN Sustainable Development Goals

The Egyptian Minister of International Cooperation, Rania al-Mashat, said on Tuesday that Egypt outscored all other Arab countries by 50…
Gold prices decline in Egyptian market, 21-karat at LE 830

Gold prices decline in Egyptian market, 21-karat at LE 830

Gold prices declined in Egypt on Monday, as the price of 21-karat gold (the market’s highest selling gold) fell by…
Egyptian bank CIB says chairman stepping down

Egyptian bank CIB says chairman stepping down

CAIRO (Reuters) – Commercial International Bank (CIB) Chairman Hisham Ezz al-Arab is stepping down with immediate effect under orders from…
Egypt receives US$9.5 million grant from Japan to fight COVID-19

Egypt receives US$9.5 million grant from Japan to fight COVID-19

Minister of International Cooperation Rania al-Mashat on Wednesday signed a Japanese grant agreement with Japan’s ambassador to Cairo Masaki Noke…
Egypt launches first green bonds in Middle East and Africa, worth US$750 mn

Egypt launches first green bonds in Middle East and Africa, worth US$750 mn

Egypt’s International Cooperation Minister and the Governor of Egypt at the World Bank, Rania al-Mashat said that Egypt has succeeded…
Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director

Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director

The Egyptian candidate Mahmoud Mohieldin was elected unanimously on Monday to serve as the International Monetary Fund’s (IMF) executive director,…
Back to top button