Business
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…
Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister
August 12, 2020
Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister
The European Bank for Reconstruction and Development (EBRD) has approved support for the Egyptian economy with a US$100 million loan…
IMF says Egypt prioritizes spending on health, education, and social protection
August 11, 2020
IMF says Egypt prioritizes spending on health, education, and social protection
The International Monetary Fund (IMF) on Monday announced that Egypt is mobilizing its revenues to prioritize spending on health, education,…
US dollar to Egyptian pound exchange rates decline by one piaster
August 11, 2020
US dollar to Egyptian pound exchange rates decline by one piaster
US dollar to Egyptian pound exchange rates declined by one piaster in the Central Bank of Egypt on Tuesday, recording…
Egypt, EIB discuss future cooperation in transport, agriculture, health
August 9, 2020
Egypt, EIB discuss future cooperation in transport, agriculture, health
Minister of International Cooperation Rania al-Mashat on Sunday met with the European Investment Bank’s (EIB) Operations Director for Eastern and…