Economy

CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent

CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent

The Central Agency for Public Mobilization and Statistics (CAMPAS) released their annual statistics showing that the number of foreigners working…
Egypt, EBRD discuss further investments in transport sector

Egypt, EBRD discuss further investments in transport sector

Minister of Investment and International Cooperation Sahar Nasr met on Friday with the President of the European Bank for Reconstruction…
Egypt’s ministerial cabinet announces price increase on oil products

Egypt’s ministerial cabinet announces price increase on oil products

Egypt’s ministerial cabinet announced on Friday the increasing prices of oil products, according to Egypt’s Ministry of Oil and Mineral…
Global tourism growth rate at 3.9 percent: Minister

Global tourism growth rate at 3.9 percent: Minister

Egypt’s Minister of Tourism Rania al-Mashat said that the global growth rate in tourism sectors reached 3.9 percent while the…
Egyptian exports to US up by 25.7 percent in 2018, CAPMAS

Egyptian exports to US up by 25.7 percent in 2018, CAPMAS

Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) said on Wednesday that Egyptian exports to the United States during…
ITFC celebrates funding Egypt with $1.130 billion

ITFC celebrates funding Egypt with $1.130 billion

Minister of Investment and International Cooperation Sahar Nasr, Petroleum Minister Tarek al-Mulla, and Minister of Supply Ali Meselhy participated in…
Egypt’s new electricity prices to apply starting Monday

Egypt’s new electricity prices to apply starting Monday

A spokesperson for the Ministry of Electricity, Ayman Hamza, announced that Egypt’s new tariff for electricity prices are set to…
Minister: Egypt consulting with IMF over future cooperation

Minister: Egypt consulting with IMF over future cooperation

Egypt’s Finance Minister Mohamed Maait announced Friday that there are consultations between Egypt and the International Monetary Fund (IMF) regarding…
Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE

Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE

The Central Bank of Egypt (CBE) has decided to suspend work in their local and foreign banks on June 30…
US dollar prices maintained on Thursday

US dollar prices maintained on Thursday

The US dollar exchange prices were maintained against the Egyptian Pound on Thursday during banking dealings. The dollar has declined…
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