Economy

Citrus Egypt’s most exported produce in 2018: official

Citrus Egypt’s most exported produce in 2018: official

The head of the Central Department of Agricultural Quarantine at the Agriculture Ministry Ahmed al-Attar said on Thursday that citrus…
Egypt, World Bank sign $1 billion agreement to support private sector

Egypt, World Bank sign $1 billion agreement to support private sector

  The Egyptian government and the World Bank signed a US $1 billion agreement to support the Egyptian private sector…
Central Bank of Egypt discusses opening country to international banks

Central Bank of Egypt discusses opening country to international banks

  The Central Bank of Egypt (CBE) held a meeting on Tuesday, to discuss allowing international banks to open branches…
World feels sting of US Federal Reserve

World feels sting of US Federal Reserve

JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
In 2019, Mideast economic troubles loom as wars wind down

In 2019, Mideast economic troubles loom as wars wind down

  AMMAN, Jordan (AP) — As the Middle East ushers in 2019, the decade’s ruinous conflicts in Syria, Yemen, Libya…
CBE to release plastic banknotes by 2020

CBE to release plastic banknotes by 2020

Central Bank of Egypt (CBE) Governor Tarek Amer said Wednesday that the new plastic banknotes the CBE intends to release…
Global economy in 2019: Growth beginning to fray

Global economy in 2019: Growth beginning to fray

American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest…
Tourism contributes $72.8bn to African economy: Mashat

Tourism contributes $72.8bn to African economy: Mashat

The tourism sector’s direct contribution to the African economy in 2017 reached $72.8 billion and is expected to reach $90.6…
Egypt’s economic performance improved in 2018: minister

Egypt’s economic performance improved in 2018: minister

  Minister of Finance Mohammed Maait announced on Sunday that Egypt’s economic performance improved in 2018, adding that the government…
Economists praise CBE’s decision to issue plastic notes by 2020

Economists praise CBE’s decision to issue plastic notes by 2020

  The Central Bank of Egypt (CBE) announced on Wednesday that the government would issue LE5 and LE10 plastic banknotes…
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