Economy
Egyptian exports to Spain increased by 52% in 2017: minister
April 4, 2018
Egyptian exports to Spain increased by 52% in 2017: minister
Egypt’s Trade and Industry Minister Tareq Qabil said on Tuesday that Egyptian commodity exports to the Spanish market made big…
Egypt plans to increase cotton production to meet high export orders
April 3, 2018
Egypt plans to increase cotton production to meet high export orders
After a catastrophic year for Egypt’s cotton industry in 2016, a demand for the Egyptian white gold has emerged in…
Egypt’s net foreign reserves rise to $42.611 bn in March
April 2, 2018
Egypt’s net foreign reserves rise to $42.611 bn in March
Egypt’s net foreign reserves rose slightly to US$42.611 billion at the end of March, from $42.524 billion at the end…
Egyptian pound remains stable against US dollar Sunday
April 1, 2018
Egyptian pound remains stable against US dollar Sunday
The US dollar maintained its price against the Egyptian pound at an average of LE 17.56 during bank dealings on…
Draft budget expects 5.8% growth rate, decreased budget deficit
March 29, 2018
Draft budget expects 5.8% growth rate, decreased budget deficit
Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a Cabinet…
Egypt govt to review new ‘social protection’ package
March 25, 2018
Egypt govt to review new ‘social protection’ package
Minister of Finance Amr al-Garhy stated on Sunday that the government will send the state budget to President Abdel Fattah…
Egypt aims at 5.8% GDP growth in 2018/19 budget
March 24, 2018
Egypt aims at 5.8% GDP growth in 2018/19 budget
Egypt’s cabinet approved this week the state’s budget for the 2018/2019 fiscal year, which aims to reach a GDP growth target…
US dollar maintains price on Thursday
March 22, 2018
US dollar maintains price on Thursday
The US dollar maintained its price against the Egyptian pound at an average of LE 17.56 during banking dealings on…
US dollar prices for Thursday
March 22, 2018
US dollar prices for Thursday
US dollar maintained stability against the Egyptian pound with average of LE17.56 during trading on Thursday. According to the latest…
Consumer Protection Agency accuses iron and steel factories of violating market competition laws
March 21, 2018
Consumer Protection Agency accuses iron and steel factories of violating market competition laws
Egypt’s Consumer Protection Agency (CPA) referred all iron and steel factories operating in the local market to the Egyptian Competition…