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Us dollar nearing its highest price in 20 years

Us dollar nearing its highest price in 20 years

The US dollar index approached its highest level in 20 years against other major currencies, in Friday’s trading, as the…
Egypt expected to raise interest rates as well soon: expert

Egypt expected to raise interest rates as well soon: expert

The US Federal Reserve’s decision to raise interest rates was expected, Mohamed Kamal, an expert in the financial sector, said,…
Hurghada hotels are ‘full’ on the second day of the Eid holiday

Hurghada hotels are ‘full’ on the second day of the Eid holiday

  Most of the hotels and tourist villages “of various classifications” recorded occupancy rate of about 100 percent from domestic…
Egypt discusses with Mercedes-Benz plans to localize electric car industry

Egypt discusses with Mercedes-Benz plans to localize electric car industry

Egyptian Minister of Trade and Industry, Neivin Gamea on Tuesday met with a delegation from Mercedes-Benz Egypt headed by the…
Amendments to income tax aim to relieve burden on citizens, assures Egypt’s Finance Minister

Amendments to income tax aim to relieve burden on citizens, assures Egypt’s Finance Minister

Egyptian Finance Minister Mohamed Maait said that amendments to the income tax law, approved by the Cabinet and referred to…
Suez Canal records highest monthly revenue in its history at S$629 mln

Suez Canal records highest monthly revenue in its history at S$629 mln

The navigation statistics of the Suez Canal recorded, during April, new and unprecedented heights, achieving the highest monthly revenue in…
Suez Canal Authority says it has made unprecedented records during April

Suez Canal Authority says it has made unprecedented records during April

The head of the Suez Canal Authority, Osama Rabie announced on Sunday that navigation statistics in the canal during April…
Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF

Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF

The International Monetary Fund (IMF) expects that the ratio of public debt to GDP in Egypt will decline to the…
FEI’s Tobacco Division warns of disruptions in tobacco production

FEI’s Tobacco Division warns of disruptions in tobacco production

The Tobacco Division of the Federation of Egyptian Industries warned against the cessation of cigarette and tobacco factories from production…
Egypt, South Sudan discuss economic ties

Egypt, South Sudan discuss economic ties

Finance Minister Mohamed Maait discussed during a meeting with South Sudan’s Minister of Finance and Planning Agak Achuil and Governor…
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