Business

LE3.5 mln in tax collected from Eid al-Adha concerts in North Coast

LE3.5 mln in tax collected from Eid al-Adha concerts in North Coast

The amusement tax collected for concerts held in El Alamein and El Dabaa in the North Coast during Eid al-Adha…
Social protection package launched to alleviate economic burdens on poor: PM

Social protection package launched to alleviate economic burdens on poor: PM

President Abdel Fattah al-Sisi has instructed the launch of a social protection package, with the aim of alleviating the economic…
Egypt’s foreign currency reserves fall to a record level

Egypt’s foreign currency reserves fall to a record level

The Central Bank of Egypt revealed that net foreign currency reserves initially reached US$33.14 billion at the end of July…
Suez Canal sets a new record, announces SCA head

Suez Canal sets a new record, announces SCA head

The head of the Suez Canal Authority Osama Rabie announced that navigation movement in the canal recorded on Saturday the…
Egyptian exports in 2021 reach highest level in 7 years: Planning Ministry

Egyptian exports in 2021 reach highest level in 7 years: Planning Ministry

The Ministry of Planning and Economic Development in Egypt announced that Egyptian exports have recorded their highest level in seven…
Can the crypto plane take off?

Can the crypto plane take off?

The world’s top cryptocurrency, Bitcoin, experienced a 15% rally from the beginning of July through to the 24th of the…
Banks across Egypt now offer free accounts for younger customers until August 15

Banks across Egypt now offer free accounts for younger customers until August 15

Banks operating in Egypt on Monday are now offering free bank accounts for new customers without any administrative fees or…
Egypt’s agricultural exports rise to $ 2.47 billion in 10 months

Egypt’s agricultural exports rise to $ 2.47 billion in 10 months

The Agriculture Export Council said on Sunday that Egypt’s exports of agricultural crops increased the September 2021 to June 2022…
Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months

Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months

Remittances of Egyptians working abroad from July 2021 to May 2022 reached about US$ 29.1 billion, an increase of 2.1…
IMF expects Egypt to achieve 4th highest growth rate among global economies

IMF expects Egypt to achieve 4th highest growth rate among global economies

The Egyptian Cabinet’s Media Center said on Sunday that the International Monetary Fund expects Egypt to achieve the fourth highest…
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