Economy
Egypt launches Wazefa Tech training program
February 20, 2019
Egypt launches Wazefa Tech training program
Egypt’s Minister of Social Solidarity Ghada Wali and Minister of Communications and Information Technology (CIT) Amr Talaat launched on Tuesday…
Iran oil exports rise in early 2019 despite sanctions
February 19, 2019
Iran oil exports rise in early 2019 despite sanctions
LONDON (Reuters) – Iran’s exports of crude oil were higher than expected in January and are at least holding steady…
US dollar exchange rate in Egypt continues to decline
February 17, 2019
US dollar exchange rate in Egypt continues to decline
On Sunday, the US dollar prices saw a drop of 3 piasters compared to the Egyptian pound. In the National…
Central Bank of Egypt reduces deposit, lending rates by 1 percent
February 17, 2019
Central Bank of Egypt reduces deposit, lending rates by 1 percent
The Central Bank of Egypt (CBE) on Thursday unexpectedly reduced the deposit rate, overnight lending rate, and the rate of main…
Egypt aims to be global center for int’l exhibitions: Trade Min.
February 15, 2019
Egypt aims to be global center for int’l exhibitions: Trade Min.
Egyptian Minister of Trade and Industry Amr Nassar said on Friday that his ministry aims to make Egypt a regional…
Egypt, Germany sign second tranche agreement to support reform program
February 13, 2019
Egypt, Germany sign second tranche agreement to support reform program
Egypt and Germany signed the second tranche agreement of $250 million to support Egypt’s economic and social reform program, as…
Egypt looks forward to more BP investments: PM
February 11, 2019
Egypt looks forward to more BP investments: PM
Egyptian Prime Minister Mostafa Madbouly on Monday stressed his government’s support for British Petroleum’s (BP) investments in Egypt and expressed…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
February 11, 2019
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
Egypt inflation rate in January saw increase by 0.8%: CAPMAS
February 10, 2019
Egypt inflation rate in January saw increase by 0.8%: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced Sunday that the inflation rate in January increased…
CBE denies ‘Let it Rust’ saved $12bn to state treasury
February 8, 2019
CBE denies ‘Let it Rust’ saved $12bn to state treasury
The Central Bank of Egypt (CBE) denied that the “Let it Rust” social media campaign, which called for boycotting buying…