Economy
Remittances from Egyptians abroad up by 20.4% in September 2018
November 18, 2018
Remittances from Egyptians abroad up by 20.4% in September 2018
The Central Bank of Egypt (CBE) announced a rise in remittances from Egyptians working abroad by 20.4 percent ($298 million)…
Egypt’s growth rate rises to 5.3% during first quarter of fiscal year
November 17, 2018
Egypt’s growth rate rises to 5.3% during first quarter of fiscal year
Egypt’s Minister of Planning, Monitoring and Administrative Reformation Hala al-Saed announced Friday that the economic growth rate increased to…
Egypt’s Sisi discusses economic reform with Central Bank governor
November 15, 2018
Egypt’s Sisi discusses economic reform with Central Bank governor
Egyptian President Abdel Fattah al-Sisi held a meeting with Governor of the Central Bank of Egypt (CBE) Tarek Amer…
Egypt’s headline inflation surges to 17.7% in October
November 11, 2018
Egypt’s headline inflation surges to 17.7% in October
Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official…
China’s annual shopping frenzy shatters another record
November 11, 2018
China’s annual shopping frenzy shatters another record
SHANGHAI (AP) — Online shoppers spent more than $14 billion within the first two hours of China’s annual buying frenzy…
Egypt’s exports of agricultural products up to 4.4mn tons: report
November 6, 2018
Egypt’s exports of agricultural products up to 4.4mn tons: report
Egypt has exported 4.4 million tons of agricultural products in the period from January-November 2018, an increase of 316,652 tons…
Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE
November 5, 2018
Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE
The Central Bank of Egypt (CBE) announced on Monday that Egypt’s foreign currency reserves rose by US$42 million in October…
Egypt jumps 8 ranks in Doing Business 2019 report
November 1, 2018
Egypt jumps 8 ranks in Doing Business 2019 report
The World Bank and the International Finance Corporation (IFC) have announced that Egypt has jumped eight ranks in the Doing…
Egyptian MPs prepare draft law for progressive taxes on income
October 31, 2018
Egyptian MPs prepare draft law for progressive taxes on income
Parliament member Mostafa Bakry, of the Legislative Committee of the House of Representatives, said that he and MP Mervat…
World’s first specialized free zone for textile industry underway in Minya
October 29, 2018
World’s first specialized free zone for textile industry underway in Minya
The first specialized free zone for the textile industry in the world is underway in Minya Governorate on an area…