Economy
Egyptian Minister, UN official discuss supporting countries impacted by coronavirus
September 19, 2020
Egyptian Minister, UN official discuss supporting countries impacted by coronavirus
Egyptian Finance Minister Mohamed Maait on Saturday discussed a proposal with UN Under-Secretary-General Vera Songwe to support countries impacted by…
Egypt’s ATM withdrawl fees will continue to be suspended until December 31: CBE
September 16, 2020
Egypt’s ATM withdrawl fees will continue to be suspended until December 31: CBE
The Deputy Governor of the Central Bank of Egypt, Rami Abu al-Naja, announced Tuesday that fees and commissions on cash withdrawals…
Egyptian real estate firms’ profit hit by coronavirus crisis
September 15, 2020
Egyptian real estate firms’ profit hit by coronavirus crisis
Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31 percent in the second quarter…
Italy to establish first chain store in Egypt
September 13, 2020
Italy to establish first chain store in Egypt
A memorandum of understanding between the Egyptian Grg company and the Italian Sopria Holding Group was signed Sunday to open…
First digital platform for trade exchange between Arab chambers and Argentina launched
September 13, 2020
First digital platform for trade exchange between Arab chambers and Argentina launched
The Arab Argentine Chamber of Commerce announced the launch of an interactive web platform on Sunday, enabling Argentinian and Arab…
Egypt’s Cooperation Minister discusses EBRD’s new strategy
September 12, 2020
Egypt’s Cooperation Minister discusses EBRD’s new strategy
Egyptian Minister of International Cooperation, Rania al-Mashat held a video-conference meeting with the Acting President of the European Bank for…
French companies consider investing in Egypt’s gas and oil sector
September 12, 2020
French companies consider investing in Egypt’s gas and oil sector
Egypt’s Minister of Petroleum and Mineral Resources, Tarek al-Molla on Friday received the French Ambassador in Cairo Stéphane Romatet to…
Egypt’s headline inflation decreased to 3.4% in August
September 11, 2020
Egypt’s headline inflation decreased to 3.4% in August
Egypt’s annual urban consumer price inflation decreased to 3.4 percent in August from 4.2 percent in July, the country’s statistics…
Egypt’s foreign reserves up to US$38.366 billion in August: CBE
September 8, 2020
Egypt’s foreign reserves up to US$38.366 billion in August: CBE
Egypt’s foreign reserves hit US$38.366 billion in August, an increase of $51 million from July, a Monday statement by the…
Zohr gas field capacity exceeds 3 billion cubic feet per day, says minister
September 8, 2020
Zohr gas field capacity exceeds 3 billion cubic feet per day, says minister
The production capacity of the Zohr gas field in the Mediterranean Sea currently exceeds three billion cubic feet per day,…