Economy
Egypt to receive $2 bn from IMF after 3rd review in May: minister
April 19, 2018
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Egypt’s Finance Minister Amr al-Garhy said on Wednesday that the review of the International Monetary Fund’s (IMF) third installment to…
Egypt’s economic growth to reach 5.2% in 2018: IMF
April 18, 2018
Egypt’s economic growth to reach 5.2% in 2018: IMF
The International Monetary Fund (IMF) expects economic growth in Egypt to reach 5.2 percent in 2018 and 5.5 percent in 2019,…
US dollar prices slightly increase on Monday
April 16, 2018
US dollar prices slightly increase on Monday
The US dollar exchange rate witnessed a slight increase against the Egyptian pound reaching an average of LE17.58 during the banking dealing…
Egypt selling bonds worth 2 billion euros
April 11, 2018
Egypt selling bonds worth 2 billion euros
Egypt is selling international bonds valued at 2 billion euros through two tranches, with maturities of eight and 12 years…
US dollar exchange rates on Wednesday
April 11, 2018
US dollar exchange rates on Wednesday
The US dollar maintained different exchange rates in all banks on Wednesday, but remained above LE17.60 in dealings. The lowest…
Egypt’s annual urban inflation falls to 13.3% in March
April 10, 2018
Egypt’s annual urban inflation falls to 13.3% in March
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decrease in the annual urban consumer price inflation by…
Egypt to be self-sufficient with natural gas by end of 2018: Minister
April 7, 2018
Egypt to be self-sufficient with natural gas by end of 2018: Minister
Petroleum Minister Tariq al-Mulla said Friday that Egypt is exerting efforts to achieve self-sufficiency with natural gas by the end…
Egypt’s economic reforms begin to bear fruit: Bloomberg
April 6, 2018
Egypt’s economic reforms begin to bear fruit: Bloomberg
The economic reforms in Egypt are starting to bear fruit, with the domestic deficit shrinking by 67 percent in the…
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…