Business
Since 2014, Egypt spent over LE4 trillion to correct economic course: Madbouly
October 11, 2020
Since 2014, Egypt spent over LE4 trillion to correct economic course: Madbouly
Egyptian Prime Minister Mostafa Madbouly on Saturday said that since 2014 the government has spent more than four trillion LE…
Deep falls in Egypt’s inflation could prompt IMF consultation
October 9, 2020
Deep falls in Egypt’s inflation could prompt IMF consultation
Egypt’s inflation has fallen to some of its lowest levels in well over a decade, potentially triggering consultations with the…
Egypt’s non-oil private sector returns to growth in September: PMI
October 5, 2020
Egypt’s non-oil private sector returns to growth in September: PMI
Egypt’s non-oil private sector grew in September, its first expansion in 14 months, and a sign Egypt may be over…
Egypt says external debt slumps for the first time in over 4 years
October 4, 2020
Egypt says external debt slumps for the first time in over 4 years
The Cabinet Media Center on Sunday said that Egypt has successfully reversed its external debt curve, declining for the first…
Egypt to import coaches for Cairo Monorail project, starting July 2021
October 4, 2020
Egypt to import coaches for Cairo Monorail project, starting July 2021
Staring July 2021 Egypt will import coaches for its Cairo Monorail project, the Minister of Transport Kamel al-Wazir announced Sunday.…
Egypt’s gold prices rise by LE12 over a week
October 4, 2020
Egypt’s gold prices rise by LE12 over a week
Gold prices rose by LE12 in Egypt’s local market over the course of a week, while an ounce rose by…
Egyptian car prices rise up 1% to 5% due to supply shortages brought on by pandemic
October 4, 2020
Egyptian car prices rise up 1% to 5% due to supply shortages brought on by pandemic
The Chief of the Auto Dealers Association Osama Abu al-Magd announced Sunday that car prices in Egypt have increased by…
Egypt mulls operating multipurpose terminal in Alexandria Port with Singapore
October 3, 2020
Egypt mulls operating multipurpose terminal in Alexandria Port with Singapore
Egyptian Transport Minister Kamel al-Wazir met with the Singaporean ambassador in Cairo Dominic Goh and officials from the PSA (Port…
CBE: Local currency limit for passengers entering and exiting Egypt remains at LE5,000
October 2, 2020
CBE: Local currency limit for passengers entering and exiting Egypt remains at LE5,000
The Central Bank of Egypt (CBE) on Thursday maintained the maximum limit of banknotes travelers allowed to carry while entering…
Egypt’s GAFI to grant foreign investors 5-year residency visas
October 2, 2020
Egypt’s GAFI to grant foreign investors 5-year residency visas
The Board of Directors for Egypt’s General Authority for Investment and Free Zones (GAFI) approved on Thursday new regulations aimed…