Economy
Egypt eager to increase funding on health and education sectors: Minister
April 17, 2021
Egypt eager to increase funding on health and education sectors: Minister
Finance Minister Mohamed Maait announced that Egypt aims to boost spending on its health, education and social development sectors to…
Suez Canal Zone signs LE10 billion financing contract with banking consortium
April 11, 2021
Suez Canal Zone signs LE10 billion financing contract with banking consortium
The head of the Suez Canal Economic Zone (SCZone), Yahya Zaki signed a financing contract for its projects with a…
Egypt’s trade balance deficit decreased by 9% during 2020
April 11, 2021
Egypt’s trade balance deficit decreased by 9% during 2020
An Egyptian government report on Sunday stated that the trade balance deficit fell during 2020 by nine percent, despite coronavirus…
Egypt’s ambassador to London and EBRD president discuss matters of cooperation
April 11, 2021
Egypt’s ambassador to London and EBRD president discuss matters of cooperation
Egypt’s ambassador to London, Tarek Adel held a video conference with the President of the European Bank for Reconstruction and…
Egypt welcomes Japan’s participation in major projects: Finance Minister
April 11, 2021
Egypt welcomes Japan’s participation in major projects: Finance Minister
Egyptian Finance Minister Mohamed Maait on Saturday met with a Japanese delegation headed by Matsunaga Hideki, Director General of the…
Financial indicators improve unprecedentedly in 2020-2021: minister
April 7, 2021
Financial indicators improve unprecedentedly in 2020-2021: minister
Egypt’s financial performance indicators from July to March in current fiscal year 2020-2021 saw an unprecedented improvement as a result…
Japan receives first shipment of Egyptian oranges
April 7, 2021
Japan receives first shipment of Egyptian oranges
After fulfilling the world’s strictest quarantine and technical requirements, a shipment of Egyptian oranges have made their way to Japan.…
US Dollar to Egyptian pound exchange rate for Tuesday
April 6, 2021
US Dollar to Egyptian pound exchange rate for Tuesday
The US dollar to Egyptian pound exchange rate on Monday recorded LE15.64 for purchase and LE15.74 for selling in the…
Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March
April 5, 2021
Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March
The Central Bank of Egypt (CBE) announced on Sunday that international foreign currency reserves increased at the end of March…
Egypt places a three-month ban on fava bean exports ahead of Ramadan
April 4, 2021
Egypt places a three-month ban on fava bean exports ahead of Ramadan
The official Egyptian Gazette published a decree on Sunday issued by the Minister of Trade and Industry Nevine Gamea to…