Economy
Parliament committee approves gas pipeline construction between Egypt, Cyprus
January 27, 2019
Parliament committee approves gas pipeline construction between Egypt, Cyprus
The Energy and Environment Committee of the House of Representatives on Sunday approved a presidential decree on an agreement…
Suez Canal makes all-time record on Wednesday
January 23, 2019
Suez Canal makes all-time record on Wednesday
Traffic passing through Egypt’s Suez Canal on Wednesday reached an all-time record, marking the highest tonnage per day in the…
IMF lauds Egypt’s progress in economic reform program
January 23, 2019
IMF lauds Egypt’s progress in economic reform program
The First Deputy Director-General of the International Monetary Fund (IMF), David Lipton, hailed Egypt’s progress in implementing the economic reform…
CBE Governor expects fifth installment of IMF loan by the end of January
January 23, 2019
CBE Governor expects fifth installment of IMF loan by the end of January
Governor of the Central Bank of Egypt (CBE) Tariq Amer said that Egypt expects to receive its fifth IMF…
Parl’t committee objects to high prices for licensing electric cars
January 22, 2019
Parl’t committee objects to high prices for licensing electric cars
Deputy head of the Communications and Information Technology Committee at the House of Representatives Mai al-Batran on Monday submitted an…
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
January 22, 2019
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Over the past few years, Egypt has seen remarkable domestic demand particularly in private consumption, which estimates that the…
Egypt has the highest growth rate in MENA region: Finance Minister
January 22, 2019
Egypt has the highest growth rate in MENA region: Finance Minister
Egyptian Finance Minister Mohamed Maait said on Monday that the results of the first half of the current fiscal…
US dollar maintains stable rates against Egyptian pound
January 20, 2019
US dollar maintains stable rates against Egyptian pound
The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of…
Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister
January 19, 2019
Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister
Egyptian Finance Minister Mohamed Maait said that Egypt’s biggest challenge for the coming period is to follow path of…
Economic reform program concludes in 2019: Egypt’s PM
January 13, 2019
Economic reform program concludes in 2019: Egypt’s PM
Egyptian Prime Minister Mostafa Madbouly announced on Sunday that 2019 is expected to be the final phase of the…