Economy

Egypt’s private economic activity hits 1-year high – PMI

Egypt’s private economic activity hits 1-year high – PMI

CAIRO, Aug 5 (Reuters) — A contraction in Egypt’s non-oil private sector slowed to its lowest rate in a year…
US dollar to Egyptian pound exchange rate remain stable

US dollar to Egyptian pound exchange rate remain stable

US dollar to Egyptian pound exchange rates remained stable on Thursday at the Central Bank of Egypt, recording LE15.93 for…
Ten facts about Egypt’s new Robbiki Industrial City

Ten facts about Egypt’s new Robbiki Industrial City

Egyptian President Abdel Fattah al-Sisi on Tuesday inaugurated Egypt’s new Robbiki Industrial City for Spinning, Weaving and Leather Industry, the…
US dollar to Egyptian pound exchange rates stable on Tuesday

US dollar to Egyptian pound exchange rates stable on Tuesday

The US dollar to Egyptian pound exchange rate witnessed stable prices on Tuesday at the Central Bank of Egypt, recording…
Egypt’s furniture exports fall 33% during past 6 months

Egypt’s furniture exports fall 33% during past 6 months

The Egyptian Furniture Export council (EFEC) revealed Monday that the sector’s exports fell from January to June by 33 percent…
Egypt’s inflation hits lowest level in 14 years: Cabinet

Egypt’s inflation hits lowest level in 14 years: Cabinet

Egypt’s government announced Saturday that the country’s inflation rate during 2019/2020 has seen its best level in 14 years since…
UN: Arab economies to shrink by 5.7% amid virus fallout

UN: Arab economies to shrink by 5.7% amid virus fallout

BEIRUT (AP) — The pandemic will exact a heavy toll on Arab countries, causing an economic contraction of 5.7 percent…
US Dollar to Egyptian Pound exchange rates sees small increase

US Dollar to Egyptian Pound exchange rates sees small increase

The US dollar to Egyptian pound exchange rate at the Central Bank of Egypt increased on Wednesday to record LE15.92…
US dollar to Egyptian pound exchange rates show slight decline

US dollar to Egyptian pound exchange rates show slight decline

US dollar to Egyptian pound exchange rates at the Central Bank of Egypt recorded a slight decline on Monday, settling…
Coronavirus measures cause declining incomes for 74% of Egyptians: CAPMAS

Coronavirus measures cause declining incomes for 74% of Egyptians: CAPMAS

Egypt’s coronavirus measures have caused declining incomes for approximately 74 percent of the population, said a consultant to the Central…
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