Economy

Despite the deteriorating economic situation in the country, Egyptian entrepreneurs seem to be gearing up to change current circumstances.  According to…

Egypt will begin the tender process for high-speed 4G frequencies for the country’s four communication providers by the end of 2016,…

The African Export-Import Bank said on Tuesday it had approved a trade financing program to provide more than US$3.5 billion…

Egypt's central bank is expected to hold interest rates in Thursday's monetary policy meeting, according to an informal survey of…

The Egyptian pound held steady at an official foreign currency auction on Tuesday and weakened slightly on the black market. Egypt,…

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

The UAE and China launched a US$10 billion strategic co-investment fund on Monday, to support the development of sectors of mutual…

Egypt's central bank sold between US$750 million and $1 billion in an exceptional dollar auction on Sunday, the head of…

Prime Minister Sherif Ismail said on Monday that the World Bank's approval of a US$3-billion loan gives credibility to Egypt…

Egyptian Ambassador in Sudan Ossama Shaltout asserted Egypt's keenness to participate and cooperate in economic development projects in Sudan. In an…