Economy

Egypt’s Industry Ministry on Saturday declared its strategy to promote industrial development and foreign trade, targeting to double the rate…

The International Monetary Fund said on Friday that its $12 billion bailout program for Egypt aims to reduce the country's…

Egypt's central bank said on Thursday it had reached a $2 billion financing agreement with a consortium of international banks,…

Thomas Cook airlines will increase its flights to Egypt this winter, Tourism Minister Yehia Rashed said, adding that it is…

The US dollar exchange rate continued to decline globally and locally on Thursday after Donald Trump was elected new US…

The decision to float the Egyptian pound caused confusion and revealed flaws in government estimates, which led, in preliminary indicators,…

Egypt’s ride-hailing services Uber and Careem are considering increasing their fares, while Ousta has already raised their fares in the…

After the Central Bank of Egypt (CBE) announced the pound floatation last Thursday, pharmaceutical companies have notified pharmacies Monday that…

Lawyer Ali Ayyub filed a lawsuit on Sunday at the State Council to demand canceling of the decision by Central…

Saudi Arabia's Savola Group , the country's largest food products company, said on Monday that the floatation of the Egyptian…