Economy
Tax revenues reach LE60 billion this year, Finance Ministry
October 25, 2017
Tax revenues reach LE60 billion this year, Finance Ministry
Deputy Minister of Finance for taxation policies Amr al-Munir said tax revenues witnessed an increase after the implementation of the…
Saudi Arabia opens major conference with eye on investment
October 24, 2017
Saudi Arabia opens major conference with eye on investment
Saudi Arabia on Tuesday opened a major investment conference aimed at shining a spotlight on the country’s efforts to overhaul…
US dollar exchange rate stable during Sunday trading
October 22, 2017
US dollar exchange rate stable during Sunday trading
The US dollar exchange rate was stable against the Egyptian pound at the beginning of Sunday morning trading within Egypt…
3 Persian Gulf states lift ban on Egypt agricultural crops, minister
October 22, 2017
3 Persian Gulf states lift ban on Egypt agricultural crops, minister
Minister of Agriculture and Land Reclamation, Abdel Moneim al-Banna, said on Sunday that Bahrain, Kuwait, and the UAE have agreed…
World Bank transfers $125 mn to CBE for Upper Egypt development
October 17, 2017
World Bank transfers $125 mn to CBE for Upper Egypt development
The Ministry of Planning, Follow-up and Administrative Reform said that the World Bank (WB) transferred $125 million to Central Bank…
Nasr discusses education, transportation and sanitation support with WB officials
October 15, 2017
Nasr discusses education, transportation and sanitation support with WB officials
On Saturday Minister of Investment and International Cooperation, Sahar Nasr, met with the World Bank Vice-President for the Middle East, Hafez…
Finance Minister: Egypt more stable, foreign currency crisis over
October 15, 2017
Finance Minister: Egypt more stable, foreign currency crisis over
Finance Minister Amr al-Garhy said that the preliminary results of the economic reform program implementation in Egypt are very promising,…
Improving world economy still needs help from low rates
October 15, 2017
Improving world economy still needs help from low rates
The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates…
Egypt expects $2 bn IMF loan installment by next month
October 14, 2017
Egypt expects $2 bn IMF loan installment by next month
Egypt’s Finance Minister, Amr al-Garhy, anticipates the country will receive another installment of the International Monetary Fund (IMF) loan worth $2 billion,…
Food producers can face jail for violating decree to print clear price tags
October 12, 2017
Food producers can face jail for violating decree to print clear price tags
Egypt’s Minister of Supply and Internal Trade Ali Moselhi issued a decree this week obliging all food producers to print…