Economy

Egypt receives second shipment of Iraqi crude oil

Egypt receives second shipment of Iraqi crude oil

Egypt has received the second shipment of crude oil from Iraq after renewing the supply contract with Iraqi national company…
Egypt’s Cabinet denies economic crisis caused by IMF conditions

Egypt’s Cabinet denies economic crisis caused by IMF conditions

The Egyptian Cabinet’s media center denied rumors on social media that Egypt is undergoing a severe economic crisis thanks to…
Egypt imposes temporary protection fees on iron imports

Egypt imposes temporary protection fees on iron imports

The Egyptian Finance Ministry said on Monday that it has begun collecting temporary protection fees on Egypt’s steel imports in…
Egypt sets plan set to reduce public debt-to-GDP: Minister

Egypt sets plan set to reduce public debt-to-GDP: Minister

Egypt’s Minister of Finance Mohammed Maait said that the government has been working on reducing the public debt-to-Growth Domestic Product…
World Bank’s newest President looks forward to working with Sisi

World Bank’s newest President looks forward to working with Sisi

The newest President of the World Bank Group, David Malpass, announced that he is looking forward to working with President…
The world’s middle class is shrinking

The world’s middle class is shrinking

New York (CNN Business)–America’s middle class families aren’t the only ones having a tough time these days. Middle-income households are…
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS

Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced an 0.9 percent increase in Egypt’s inflation rate in March…
Tourism growth rate reached 16.5% during 2018: Minister

Tourism growth rate reached 16.5% during 2018: Minister

Egyptian Tourism Minister Rania al-Mashat said on Monday that the World Travel and Tourism Council (WTTC) conducted a study revealing…
Highlights of the 17th edition of the world Economic Forum

Highlights of the 17th edition of the world Economic Forum

The World Economic Forum in the Middle East and North Africa took place at Jordan’s Dead Sea on April 6…
Egypt’s Finance Ministry starts implementing digital transformation program

Egypt’s Finance Ministry starts implementing digital transformation program

The Ministry of Finance began implementing President Abdel Fattah al-Sisi’s instruction to begin the digital transformation of the state, by…
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