Economy

Govt blames slight wheat cultivations shrink on floods

Govt blames slight wheat cultivations shrink on floods

A slight decline in Egypt’s total wheat cultivations to 2,754 million feddans is the result of floods and heavy rainfall…
Egypt-Saudi Arabia trade exchange hits $3.7 bn in 8 months

Egypt-Saudi Arabia trade exchange hits $3.7 bn in 8 months

The volume of trade exchange between Egypt and Saudi Arabia hit US$3.67 billion in 8 months in 2015.Egypt's imports from…
Investments of private insurance funds LE43 bn in 2014: FSA

Investments of private insurance funds LE43 bn in 2014: FSA

Investments of private insurance funds were raised from LE40 billion in 2013 to LE43 billion in 2014, according to Financial…
Egypt’s market gains LE2.5 bn on Wednesday, EGX30 rises 1.1%

Egypt’s market gains LE2.5 bn on Wednesday, EGX30 rises 1.1%

Egypt's stock market closed higher for a third session in a row, as the benchmark EGX30 index on Wednesday rose…
Cairo among the world’s best cities to launch startups: Forbes

Cairo among the world’s best cities to launch startups: Forbes

Despite the deteriorating economic situation in the country, Egyptian entrepreneurs seem to be gearing up to change current circumstances.  According to…
Egypt to hold 4G communication technology tender by end of 2016

Egypt to hold 4G communication technology tender by end of 2016

Egypt will begin the tender process for high-speed 4G frequencies for the country’s four communication providers by the end of 2016,…
Afreximbank plans $3.5 bn in trade finance to ease Africa forex crunch

Afreximbank plans $3.5 bn in trade finance to ease Africa forex crunch

The African Export-Import Bank said on Tuesday it had approved a trade financing program to provide more than US$3.5 billion…
Egypt central bank expected to leave rates unchanged

Egypt central bank expected to leave rates unchanged

Egypt's central bank is expected to hold interest rates in Thursday's monetary policy meeting, according to an informal survey of…
Egyptian pound steady at forex auction, weaker on black market

Egyptian pound steady at forex auction, weaker on black market

The Egyptian pound held steady at an official foreign currency auction on Tuesday and weakened slightly on the black market. Egypt,…
Egypt’s market gains LE620 mn on Tuesday, EGX30 inches up 0.2%

Egypt’s market gains LE620 mn on Tuesday, EGX30 inches up 0.2%

Egypt's stock market closed in the green zone on Tuesday's session, as the benchmark EGX30 index inched up 0.2 percent…
Back to top button