Business
Zohr gas field capacity exceeds 3 billion cubic feet per day, says minister
September 8, 2020
Zohr gas field capacity exceeds 3 billion cubic feet per day, says minister
The production capacity of the Zohr gas field in the Mediterranean Sea currently exceeds three billion cubic feet per day,…
New Korean ambassador visits Beni Suef, says Korea supports Egypt’s development
September 4, 2020
New Korean ambassador visits Beni Suef, says Korea supports Egypt’s development
The newest Korean Ambassador has made his first visit to Beni Suef on Friday, a hotbed for Egypt-Korea educational and…
Egypt signs $2 bln loan with regional, international banks -statement
September 3, 2020
Egypt signs $2 bln loan with regional, international banks -statement
CAIRO (Reuters) – Egypt signed a two billion dollar conventional and Islamic loan with several international and regional banks in…
Egypt, Danish Energy Agency sign green energy agreement
August 30, 2020
Egypt, Danish Energy Agency sign green energy agreement
Egypt’s Minister of International Cooperation Rania al-Mashat and Minister of Electricity and Mohamed Shaker on Saturday signed an agreement with…
Egypt’s economic situation receives international praise: Report
August 30, 2020
Egypt’s economic situation receives international praise: Report
The Ministry of Planning and Economic Development issued a report discussing the opinions of several international institutions on Egypt’s economic…
Egypt seeking self-sufficiency in petroleum during 2022-2023: PM
August 29, 2020
Egypt seeking self-sufficiency in petroleum during 2022-2023: PM
Egyptian Prime Minister Mostafa Madbouly announced Saturday that Egypt is aiming to achieve self-sufficiency in petroleum during fiscal year 2022-2023.…
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…