Economy
Egypt’s foreign reserves jump to $38.2 bln in January
February 4, 2018
Egypt’s foreign reserves jump to $38.2 bln in January
The Central Bank of Egypt (CBE) on Sunday said that foreign currency reserves rose by $1.2 billion to $38.209 billion…
BMI Research predicts Egypt to become an economic outperformer in 2018
February 4, 2018
BMI Research predicts Egypt to become an economic outperformer in 2018
A February BMI Research report predicted that Egypt will stand out as the economic outperformer of 2018 and applauded the…
Egypt to host first FinTech conference this week to revolutionize economy
February 3, 2018
Egypt to host first FinTech conference this week to revolutionize economy
Aiming to endorse the use of financial technology applications in Egypt for efficient and cheaper financial services, Egypt is hosting the…
US dollar maintains prices on Wednesday
January 31, 2018
US dollar maintains prices on Wednesday
The US dollar prices maintained prices against the Egyptian Pound in the bank dealings on Wednesday. According to the latest…
IMF official expects Egypt growth rate around 5% in 2018
January 30, 2018
IMF official expects Egypt growth rate around 5% in 2018
Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour expects Egypt’s economic…
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
January 30, 2018
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Egypt is targeting economic growth of 5.8 percent in the financial year that will begin in July, Planning Minister Hala…
Eni sees East Med as key to diversifying Europe’s gas imports
January 30, 2018
Eni sees East Med as key to diversifying Europe’s gas imports
Gas projects in east Mediterranean countries such as Egypt, Cyprus and Israel will be key to help Europe diversify its…
US dollar prices fall on Sunday
January 29, 2018
US dollar prices fall on Sunday
The US dollar exchange rate witnessed a decline against the Egyptian pound during the bank dealings on Sunday. According to…
Egypt signs 3rd tranche of budget support loan with African Development Bank
January 29, 2018
Egypt signs 3rd tranche of budget support loan with African Development Bank
Egypt Minister of Investment and International Cooperation Sahar Nasr on Sunday signed third and final tranche budget support loan worth…
US dollar maintains prices on Sunday
January 28, 2018
US dollar maintains prices on Sunday
The US dollar exchange rate maintained its prices against the Egyptian pound in the bank dealings on Sunday. According to…