Business
Six Egyptians on Forbes ‘World’s Richest Arabs 2020’ list
August 26, 2020
Six Egyptians on Forbes ‘World’s Richest Arabs 2020’ list
Forbes magazine announced its listing of the ‘World’s Richest Arabs’ in 2020, which included six Egyptian businessmen out of 21…
Egypt receives new batch of 13 Russian-Hungarian railway vehicles
August 26, 2020
Egypt receives new batch of 13 Russian-Hungarian railway vehicles
Egypt’s Railway Authorities (ERA) received its latest batch of 13 new railway vehicles at the Alexandria port on Tuesday, Minister…
Central Bank of Egypt extends working hours starting September 1st
August 26, 2020
Central Bank of Egypt extends working hours starting September 1st
The Central Bank of Egypt (CBE) has extended its staff working hours from eight am to four pm starting September…
US dollar to Egyptian pound exchange rates fall by 3 piasters
August 24, 2020
US dollar to Egyptian pound exchange rates fall by 3 piasters
US dollar to Egyptian pound exchange rates fell by an average of three piasters on Monday at the Central Bank…
Coronavirus reduces Egypt’s exports of potatoes: UPEHC
August 23, 2020
Coronavirus reduces Egypt’s exports of potatoes: UPEHC
The head of the Union for Producers and Exporters of Horticultural Crops (UPEHC) Mohamed Heggi announced Saturday that Egypt’s exports…
Egypt among emerging markets most likely to maintain positive GDP outlook: Fitch
August 23, 2020
Egypt among emerging markets most likely to maintain positive GDP outlook: Fitch
Egypt is one of the few major emerging markets to maintain its positive Growth Domestic Product (GDP) outlook despite the…
Egypt signs three agreements with global development partners totaling $92.5 million
August 23, 2020
Egypt signs three agreements with global development partners totaling $92.5 million
Minister of International Cooperation Rania al-Mashat on Saturday signed three agreements, totaling US$92.5 million, with the French Development Agency (FDA),…
Unemployment in Egypt up 1.9% in 2nd quarter of 2020 due to COVID-19: CAPMAS
August 18, 2020
Unemployment in Egypt up 1.9% in 2nd quarter of 2020 due to COVID-19: CAPMAS
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the nation’s unemployment rate has increased to a total…
Egypt sells 605.3 mln in Euro-denominated T-bills – central bank
August 18, 2020
Egypt sells 605.3 mln in Euro-denominated T-bills – central bank
Egypt has sold 605.3 million euros in one-year Euro-denominated treasury bills, the central bank said on Monday. The average yield…
Five factors behind the recent decline in gold prices
August 13, 2020
Five factors behind the recent decline in gold prices
Gold prices fell during trading on Tuesday, in the worst daily decline since last March. The spot price fell to…