Economy

Arab countries lost US$220 billion due to coronavirus in 2020: Arab League

Arab countries lost US$220 billion due to coronavirus in 2020: Arab League

The Secretary-General of the Arab League, Ahmed Aboul-Gheit announced Sunday that the combined loss in the gross domestic product of…
Egypt’s Core annual inflation rose to 6.3 percent in January: CBE

Egypt’s Core annual inflation rose to 6.3 percent in January: CBE

The CBE stated that the monthly core inflation rate reached 0.8 percent in January, compared to 0.5 percent in the…
Egypt among top 10 investment destinations in Africa: Business Insider

Egypt among top 10 investment destinations in Africa: Business Insider

The “Business Insider” website has named Egypt as one of the top 10 investment destinations in Africa. The list also…
Winter sale in Egypt kicks off on Monday with 50% discounts

Winter sale in Egypt kicks off on Monday with 50% discounts

The Egyptian Ministry of Supply and Internal Trade announced the start of the first seasonal clearance season – winter sale…
Egypt’s Sisi, China’s Xi Jinping hold economic talks in Beijing

Egypt’s Sisi, China’s Xi Jinping hold economic talks in Beijing

Egyptian President Abdel Fattah al-Sisi held summit talks with Chinese President Xi Jinping on Saturday morning at the Great Hall…
Suez Canal sets a new record revenues during January

Suez Canal sets a new record revenues during January

The head of the Suez Canal Authority Osama Rabie, announced on Tuesday that the navigation movement in the vital waterway…
Egypt seeks to establish drug factory in Senegal

Egypt seeks to establish drug factory in Senegal

The President of the Egyptian Export Council of Medical Industries (ECMI), Majed George, held talks with Senegalese President Macky Sall…
Thursday’s US dollar to Egyptian pound exchange rates

Thursday’s US dollar to Egyptian pound exchange rates

US dollar exchange rate is stable on Thursday in several Egyptian banks. The prices of the US dollar witnessed remarkable…
Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months

Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months

Remittances from Egyptians working abroad during the first ten months of 2021 reached about US$26.4 billion, an increase of about…
Egyptian exports achieve highest level ever during 2021

Egyptian exports achieve highest level ever during 2021

Minister of Trade and Industry Nevine Gamea announced on Wednesday that Egyptian non-oil exports amounted to US$32.128 billion for the…
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