Economy

Sokhna port receives 1st cruise ship since COVID-19 outbreak

Sokhna port receives 1st cruise ship since COVID-19 outbreak

DP World Sokhna, the operator of Ain Sokhna port in the Red Sea, received the first cruise ship since the…
Egypt’s exports to EU up to 4.1 billion Euros within 8 months

Egypt’s exports to EU up to 4.1 billion Euros within 8 months

Egyptian non-oil exports to the European Union witnessed a significant growth during the first eight months of 2021, reaching  4.1…
Egypt increases transit fees in Suez Canal by 6% for all ships in 2022

Egypt increases transit fees in Suez Canal by 6% for all ships in 2022

  The Suez Canal Authority decided to increase transit fees for ships by 6 percent in 2022 compared to 2021…
Friday’s US dollar to Egyptian pound exchange rates

Friday’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…
Saudi deposits $3 bln in Egypt’s central bank

Saudi deposits $3 bln in Egypt’s central bank

CAIRO, Oct 31 (Reuters) – The Saudi finance ministry said on Sunday the Kingdom had deposited $3 billion with Egypt’s…
Suez Canal records highest net tonnage in history in October

Suez Canal records highest net tonnage in history in October

The Suez Canal during October recorded unprecedented navigational statistic rates, achieving the highest monthly tonnage in the history of the…
Egypt’s International Cooperation minister says 143 infrastructure projects on the way

Egypt’s International Cooperation minister says 143 infrastructure projects on the way

Minister of International Cooperation Rania al-Mashat revealed that the ongoing portfolio of her ministry includes 143 projects to finance various…
Intensive efforts in place for further rapprochements between Egypt and Qatar: Minister

Intensive efforts in place for further rapprochements between Egypt and Qatar: Minister

Minister of Trade and Industry Nevine Gamea said the governments of Egypt and Qatar are working to achieve more rapprochement…
Monday’s US dollar to Egyptian pound exchange rates

Monday’s US dollar to Egyptian pound exchange rates

US dollar exchange rate is stable on Sunday in several Egyptian banks. The prices of the US dollar witnessed remarkable…
We will consider continuing octane 80 gasoline: Petroleum Minister

We will consider continuing octane 80 gasoline: Petroleum Minister

The Egyptian Minister of Petroleum and Mineral Resources, Tarek al-Mulla announced that the government will consider whether or not to…
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