Economy
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
November 9, 2019
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Saturday that the annual rate of Egypt’s inflation declined…
Net foreign reserves rise to US$45.247 bn in October
November 7, 2019
Net foreign reserves rise to US$45.247 bn in October
The value of Egypt’s net foreign reserves rose to US$45.247 billion in October from $45.118 billion in September, the Central…
Foreign currencies vary against Egyptian Pound
November 6, 2019
Foreign currencies vary against Egyptian Pound
Prices for the US dollar and several other currencies varied against the Egyptian pound in several banks, the Central Bank…
Remittances increase 5.5% in 12 months: CBE
November 4, 2019
Remittances increase 5.5% in 12 months: CBE
The Central Bank of Egypt (CBE) stated on Monday that the remittances of Egyptian workers abroad in the months July…
Egypt’s poverty rate rises to 5% in 2019: World Bank official
November 3, 2019
Egypt’s poverty rate rises to 5% in 2019: World Bank official
The World Bank Group’s Senior Vice President for the 2030 Development Agenda, Mahmoud Mohieldin, said that Egypt’s poverty rate increased to five percent…
Egypt signs agreement with South Sudan for cooperation in oil and gas field
October 30, 2019
Egypt signs agreement with South Sudan for cooperation in oil and gas field
Egypt signed a Memorandum of Understanding with South Sudan on Tuesday for cooperation in the field of oil and gas…
Sisi requests tighter market control on goods
October 30, 2019
Sisi requests tighter market control on goods
President Abdel Fattah al-Sisi requested on Tuesday tighter market control over outlets in Egyptian governorates to ensure the availability of…
Unemployment rate in Egypt at its lowest in 30 years: Infographics
October 27, 2019
Unemployment rate in Egypt at its lowest in 30 years: Infographics
The unemployment rate in Egypt reached its lowest level in 30 years, at 7.5 percent in the second quarter of…
US dollar price further declines in local banks
October 25, 2019
US dollar price further declines in local banks
The dollar exchange rate fell to its lowest level in recent years at the end of the Thursday trading session…
Egyptian government officials, leading developers to discuss growth in 4th Real Estate Debate Conference
October 22, 2019
Egyptian government officials, leading developers to discuss growth in 4th Real Estate Debate Conference
Convention takes place on November 3rd, 2019 Leaders of the Egyptian Ministry of Housing and a good number of…