Economy

US dollar price continues to drop against Egyptian pound

US dollar price continues to drop against Egyptian pound

The US dollar fell by two piasters on Sunday, having thus decreased 130 piasters since the beginning of 2019, MENA…
Egypt, US sign four grant agreements worth US$60 million

Egypt, US sign four grant agreements worth US$60 million

Egypt and the US on Sunday signed four grant agreements for cooperation in the fields of higher education, science, technology,…
Egypt’s ranking jumps significantly in 2019 Global Innovation Index

Egypt’s ranking jumps significantly in 2019 Global Innovation Index

This year’s report by the Global Innovation Index showed that Egypt has remarkably jumped ten spots from its ranking (105) in…
Egyptian Finance Ministry drafting new tax law

Egyptian Finance Ministry drafting new tax law

Egyptian Finance Minister Mohamed Maait said on Monday that his ministry has started drafting a new law on income tax…
Sisi discusses Eastern Mediterranean Gas Forum’s importance to region

Sisi discusses Eastern Mediterranean Gas Forum’s importance to region

Egyptian President Abdel Fattah al-Sisi on Thursday received the delegation heads participating in the second ministerial meeting of the Eastern…
US Energy Secretary: We will expand our investments in Egypt

US Energy Secretary: We will expand our investments in Egypt

Egyptian Petroleum and Mineral Resources Minister Tariq al-Mulla received on Wednesday US Energy Secretary Rick Perry on his first visit…
Egypt, AfDB discuss joint transport projects across Africa

Egypt, AfDB discuss joint transport projects across Africa

Egyptian Transport Minister Kamal al-Waziri met on Monday with an African Development Bank (AfDB) delegation to discuss cooperation on road and…
Finance Minister expresses pride in Egypt’s economic performance

Finance Minister expresses pride in Egypt’s economic performance

During a press conference on Wednesday at the Cabinet headquarters to announce the Cabinet’s economic performance, Minister of Finance Mohamed…
Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll

Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll

ISTANBUL (Reuters) – Turkey’s economy is expected to contract in 2019 for the first time in a decade and to…
Egypt’s PM, US Chamber of Commerce discuss promoting trade relations

Egypt’s PM, US Chamber of Commerce discuss promoting trade relations

Egyptian Prime Minister Mostafa Madbouly met on Tuesday with the executive vice president and head of International Affairs at the…
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