Economy
Japanese companies to inject new investments into Egypt, ambassador
January 18, 2022
Japanese companies to inject new investments into Egypt, ambassador
The new Japanese ambassador to Cairo, Oka Hiroshi, said that there are new Japanese companies that have decided to pump…
MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy
January 17, 2022
MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy
Under secretary of the Senate’s Irrigation and Agriculture Committee, Gamal Aboul-Fotouh said on Monday that the success of the economic…
South Korea president visits Egypt on Wednesday to discuss business opportunities
January 16, 2022
South Korea president visits Egypt on Wednesday to discuss business opportunities
South Korean President Moon Jae-in will arrive in Cairo on Wednesday to hold talks with Egypt on renewable industries such…
Italy’s Eni announces 5 exploration licenses in Egypt’s Eastern Mediterranean
January 11, 2022
Italy’s Eni announces 5 exploration licenses in Egypt’s Eastern Mediterranean
The Italian company Eni announced that on Monday that it won five new exploration licenses obtained from the Egyptian Ministry…
Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians
January 9, 2022
Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians
Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday to review the main features of the state’s draft general…
Exchange rate of foreign currencies at CBE
January 4, 2022
Exchange rate of foreign currencies at CBE
The exchange rates of foreign and Arab currencies against the Egyptian pound, during the latest update of the official website…
Suez Canal achieves the highest annual revenue ever with US$ 6.3 billion during 2021
January 2, 2022
Suez Canal achieves the highest annual revenue ever with US$ 6.3 billion during 2021
The Head of the Suez Canal Authority Osama Rabie announced Sunday that the navigation statistics in the canal for 2021…
Saudi Arabia signs agreements to finance small and medium enterprises in Egypt worth LE 300 million
January 1, 2022
Saudi Arabia signs agreements to finance small and medium enterprises in Egypt worth LE 300 million
At the conclusion of its three-day meeting in Cairo at the headquarters of the Ministry of International Cooperation, the Saudi…
Lebanese Minister: Egyptian gas will raise electricity supply from 8 to 12 hours
December 29, 2021
Lebanese Minister: Egyptian gas will raise electricity supply from 8 to 12 hours
Lebanese Energy Minister Walid Fayyad said, on Tuesday, that the agreement to import gas from Egypt will add 450 megawatts…
US Dollar maintains stable exchange rate on Tuesday in Egypt
December 28, 2021
US Dollar maintains stable exchange rate on Tuesday in Egypt
The US dollar exchange rate witnessed remarkable stability on Tuesday against the Egyptian pound, in the Banque Misr and the…