Economy

  Egypt’s revenues in the tourism sector jumped 83.3% in the first quarter (Q1) of the 2018 fiscal year, reaching $2.2…

A delegation from the World Bank met with Minister of Social Solidarity Ghada Wali on Friday to review the accomplishments…

  Egypt’s Ministry of Electricity announced that it will sign contracts for the electricity interconnection network with Saudi Arabia by…

  The US dollar exchange rate witnessed a notable increase against the Egyptian pound on Wednesday reaching an average of…

The Central Bank of Egypt (CBE) stated on Tuesday that the bank’s working hours during Ramadan will start at 9:30…

Standard & Poor’s (S&P) global ranking lifted Egypt sovereign credit rating to B from B-, citing the country’s progress of…

Italian gas company Eni announced it has begun operating its third production unit in Zohr gas field. The move will…

Egypt approved a USD $105 million exploration agreement with Italy’s Eni and the Egyptian Tharwa company to search in the Mediterranean for…

Egypt and Mexico announced on Tuesday the establishment of the Egypt-Mexico Business Council, an entity formed of companies that operate…

The Harvard Center for International Development forcasted that Egypt will be the third country that will achieve highest growth rates…