Economy

  Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the unemployment rate has dropped to…

  Germany’s economy minister on Sunday lashed out at US President Donald Trump, slamming his global trade rows and efforts…

Egypt’s annual core inflation rate witnessed a decrease from 10.9 percent in June to 8.45 percent in July, according to…

Egypt’s parliament has agreed to establish a government-operated sovereign wealth fund to help boost the economy, in a move deemed…

The Suez Canal Economic Zone (SCZone) made a net profit of LE2.13 billion in the fiscal year 2017/2018, with an…

Fitch Ratings, a globally-recognized credit rating agency, has reaffirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at “B”, while maintaining…

The Suez Canal has made revenues of US$15.8 billion – equivalent to LE219 billion – in the past three years,…

  The Executive Director of the International Monetary Fund (IMF) Hazim al-Beblawi announced on Saturday that the current fiscal year…

  Egypt’s Religious Endowments Minister Mohamad Mokhtar Gomaa held a meeting with President Abdel Fattah al-Sisi, where he discussed ways…

  Egypt’s trade exchange rate increased by 15.5 percent in the first half of 2018 compared to the same period…