Economy

Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE

Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE

The Central Bank of Egypt (CBE) said that the foreign currency reserves reached about US$35.495 billion at the end of…
Egyptian government signs agreements to support exports

Egyptian government signs agreements to support exports

Egypt’s government signed some action programs, documents and memoranda of understanding with international institutions to support exports and enhance the…
Egypt’s Investment Authority signs MoU with Polish Agency for Investment and Trade

Egypt’s Investment Authority signs MoU with Polish Agency for Investment and Trade

The General Authority for Investment and Free Zones in Egypt and the Polish Agency for Investment and Trade in Poland…
Egypt, Jordan and UAE sign document for Integrated Industrial Partnership

Egypt, Jordan and UAE sign document for Integrated Industrial Partnership

Egypt, the UAE and Jordan signed on Sunday signed a document to launch the “Integrative Industrial Partnership for Sustainable Economic…
Trade exchange between Egypt and UAE amounted to US$ 3.6 billion in 2021, Minister

Trade exchange between Egypt and UAE amounted to US$ 3.6 billion in 2021, Minister

The Egyptian Minister of Trade and Industry, Nevine Gamea, said that the volume of trade exchange between Egypt and the…
Egypt’s economy is expected to grow by 6.2% during 2021-2022 fiscal year, PM

Egypt’s economy is expected to grow by 6.2% during 2021-2022 fiscal year, PM

Egyptian Prime Minister Mostafa Madbouly said on Saturday that Egypt’s economy is expected to grow by 6.2 percent during the…
US dollar exchange rate increases against Egypt pound

US dollar exchange rate increases against Egypt pound

  The US dollar exchange rate against the Egyptian pound rose during Monday’s trading, by about 5 piasters, for the…
Egyptian gas exports to Europe range between 10% and 15%, minister

Egyptian gas exports to Europe range between 10% and 15%, minister

The Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla said on Tuesday that Egyptian gas exports to Europe range…
Egyptian private sector’s participation in utility projects won’t affect service prices: Official

Egyptian private sector’s participation in utility projects won’t affect service prices: Official

The Director of the Public Private Partnership Central Unit at the Finance Ministry Atter Hannoura announced Tuesday that the private…
After 30 years, meetings to be held in Egypt with Islamic Development Bank Group: Minister

After 30 years, meetings to be held in Egypt with Islamic Development Bank Group: Minister

The Minister of Planning and Economic Development and Governor of Egypt at the Islamic Development Bank Group, Hala al-Saeed announced…
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