Economy
Egypt’s three mobile operators shun 4G licences: officials
September 22, 2016
Egypt’s three mobile operators shun 4G licences: officials
Egypt's three established mobile phone operators have declined to buy fourth-generation (4G) service licences, two Egyptian telecoms officials told Reuters…
Fingerprint scanners to be installed for airport customers workers: minister
September 22, 2016
Fingerprint scanners to be installed for airport customers workers: minister
Egypt has agreed to implement a fingerprint scanning system for the admission of airpot staff into customs areas, the last…
Egypt backtracks on zero ergot wheat policy as imports decline
September 22, 2016
Egypt backtracks on zero ergot wheat policy as imports decline
The Egyptian government has backtracked on its zero-tolerance policy on ergot in wheat imports after 540,000 tons were kept at…
Egypt trade deficit narrows by $7 bln since January: trade minister
September 21, 2016
Egypt trade deficit narrows by $7 bln since January: trade minister
Egypt's trade deficit has narrowed by $7 billion since January, Trade and Industry Minister Tarek Kabil said on Tuesday, adding…
CBE reports net outflow in Egypt’s travel balance
September 21, 2016
CBE reports net outflow in Egypt’s travel balance
Egypt's travel payments rose from US$3.3 billion to $4.1 billion in the fiscal year 2015/2016, creating a net outflow in…
Mobile phone bills to increase between 5% and 7%
September 21, 2016
Mobile phone bills to increase between 5% and 7%
Mobile phone bill rates are set to increase by between 5 and 7 percent due to the application of Value…
Shore up the euro before it’s too late, experts warn
September 20, 2016
Shore up the euro before it’s too late, experts warn
Will the euro survive the next big crisis?A new report inspired by Jacques Delors, one of the architects of the…
Devaluation would boost Egyptian exports by 10 percent: trade minister
September 20, 2016
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
September 20, 2016
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
September 20, 2016
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…