Economy

Devaluation would boost Egyptian exports by 10 percent: trade minister

Devaluation would boost Egyptian exports by 10 percent: trade minister

Egyptian exports would rise by 10 percent if and when authorities devalue the pound, Trade and Industry Minister Tarek Kabil…
Cotton exports declined by 16.5% between March to May: CAPMAS

Cotton exports declined by 16.5% between March to May: CAPMAS

The total amount of cotton exported by Egypt fell to 145.6 thousand metric quintals from March 2016 to May 2016,…
Value Added Tax rates agreed for mobile phone recharge cards

Value Added Tax rates agreed for mobile phone recharge cards

Egypt's telecoms regulatory authority has agreed on rates Value Added Tax (VAT) on mobile phone charge cards after two days…
Squash champions promote Egyptian tourism over social media

Squash champions promote Egyptian tourism over social media

International squash champions participating in the Al-Ahram Squash Open are to promote tourism in Egypt through their social media accounts…
Donkey leather to be exported to China: official

Donkey leather to be exported to China: official

Hesham Gazar, head of the Egyptian Leather Export Council, has announced that donkey leather is to be exported to China…
Hurghada hotel abiding by Islamic Sharia closes

Hurghada hotel abiding by Islamic Sharia closes

Thirty months after several senior figures in political Islam inaugurated the first hotel abiding by Islamic Sharia in Hurghada, the…
Oil climbs as Venezuela sees output deal, Libya suffers clashes

Oil climbs as Venezuela sees output deal, Libya suffers clashes

Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching an…
Qatar pulls back ahead of FTSE inclusion, UAE outperforms peers

Qatar pulls back ahead of FTSE inclusion, UAE outperforms peers

Stock markets in the Gulf diverged in early trade on Monday, with Qatar's index pulling back ahead of the inclusion…
OPEC chief: Algiers meeting not for ‘decision making’: Algerian state media

OPEC chief: Algiers meeting not for ‘decision making’: Algerian state media

OPEC Secretary-General Mohammed Barkindo said the meeting of OPEC members and non-OPEC producers in Algiers this month would be an…
Saudi pulls back as stock market re-opens after holiday

Saudi pulls back as stock market re-opens after holiday

Saudi Arabian stocks pulled back in early trade on Sunday after the bourse reopened following the Eid al-Adha break, with…
Back to top button