Business
Significant decline in gold prices in Egypt and globally on Wednesday
March 2, 2022
Significant decline in gold prices in Egypt and globally on Wednesday
Gold prices declined on Wednesday in Egypt at the start of trading, with prices declining globally after traders flocked to…
USAID’s Egyptian TRADE project will operate for 5 years with $225 mln in funding: Project Director
February 23, 2022
USAID’s Egyptian TRADE project will operate for 5 years with $225 mln in funding: Project Director
The Trade Reform and Development in Egypt (TRADE) project – funded by the US Agency for International Development (USAID) –…
Egyptian exports to Arab countries up by 27% in 2021
February 22, 2022
Egyptian exports to Arab countries up by 27% in 2021
Egypt’s exports achieved unprecedented positive indicators in 2021, reaching US$32.13 billion, compared to $25.43 billion in 2020 – an increase…
CAPMAS announces 22.3% increase in bank deposits during 2020/2021
February 20, 2022
CAPMAS announces 22.3% increase in bank deposits during 2020/2021
The Central Agency for Public Mobilization and Statistics announced that bank deposit balances in 2020/2021 were LE5,731.5 billion, an increase…
Egypt to establish ‘City for Gold’ in the New Administrative Capital: Minister
February 20, 2022
Egypt to establish ‘City for Gold’ in the New Administrative Capital: Minister
Egypt’s Minister of Trade and Industry Nevine Gamea announced that the government is currently working on establishing a “City of…
World Bank says it is eager to strengthen partnership with Egypt
February 19, 2022
World Bank says it is eager to strengthen partnership with Egypt
World Bank officials have affirmed their desire to strengthen the existing successful partnership with Egypt, during a meeting between Egyptian…
Egypt signs contracts to finance diesel production complex project at EGYPS 2022
February 17, 2022
Egypt signs contracts to finance diesel production complex project at EGYPS 2022
The Egypt Petroleum Show “EGYPS 2022” saw on Wednesday the signing of contracts to finance the diesel production complex project…
Gold prices rise Wednesday again following a decline on Tuesday
February 16, 2022
Gold prices rise Wednesday again following a decline on Tuesday
In the mid-day of trading on Wednesday, the price of gold returned to a rapid rise after a significant decline…
Egypt’s unemployment rate records 7.4% in Q4-2021: CAPMAS
February 16, 2022
Egypt’s unemployment rate records 7.4% in Q4-2021: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced the labor force statistics for the fourth quarter (October-December) of…
UAE Dragon Oil announces 1st oil discovery in the Gulf of Suez
February 16, 2022
UAE Dragon Oil announces 1st oil discovery in the Gulf of Suez
Dragon Oil Company, wholly owned by the Dubai government, announced a new petroleum discovery in the Gulf of Suez in…