Economy

Egypt’s agricultural exports rise to $ 2.47 billion in 10 months

Egypt’s agricultural exports rise to $ 2.47 billion in 10 months

The Agriculture Export Council said on Sunday that Egypt’s exports of agricultural crops increased the September 2021 to June 2022…
Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months

Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months

Remittances of Egyptians working abroad from July 2021 to May 2022 reached about US$ 29.1 billion, an increase of 2.1…
IMF expects Egypt to achieve 4th highest growth rate among global economies

IMF expects Egypt to achieve 4th highest growth rate among global economies

The Egyptian Cabinet’s Media Center said on Sunday that the International Monetary Fund expects Egypt to achieve the fourth highest…
Alibaba stock jumps after announcing Hong Kong primary listing

Alibaba stock jumps after announcing Hong Kong primary listing

New York (CNN Business) – Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock.…
We want more direct investments from Europe, Egypt FM

We want more direct investments from Europe, Egypt FM

Egyptian Foreign Minister Sameh Shoukry said that his country wants more direct investments from Europe. Shoukry’s remarks came during an…
Global wheat prices fell by 20% after the grain export agreement

Global wheat prices fell by 20% after the grain export agreement

Wheat prices fell on global stock exchanges by more than 20 percent on Saturday after Ukraine and Russia signed two…
Egypt signs on $20 million initiative to manufacture smartphones locally

Egypt signs on $20 million initiative to manufacture smartphones locally

Egyptian Minister of Communications Amr Talaat conducted an inspection tour on Friday for the the new Vivo Telecom Technology Company…
Europe braces for a potential gas crisis as historic heatwave boosts demand

Europe braces for a potential gas crisis as historic heatwave boosts demand

London (CNN Business)Europe is bracing for the potential of a full-blown gas crisis later this week just as an historic heatwave has hiked demand…
Egypt can’t take on more fuel subsides amid soaring oil prices: minister

Egypt can’t take on more fuel subsides amid soaring oil prices: minister

Egyptian Finance Minister, Mohamed Maait announced Wednesday that the state’s budget cannot continue to bear the additional burden resulting from…
Egypt’s agricultural exports nears 4 million tons since beginning of year

Egypt’s agricultural exports nears 4 million tons since beginning of year

The Ministry of Agriculture and Land Reclamation said that the total agricultural exports during the period from the first of…
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