Business
Egypt to invest more in agriculture, irrigation during 2020-2021: Minister
June 21, 2020
Egypt to invest more in agriculture, irrigation during 2020-2021: Minister
Egypt plans to increase public investments in the agriculture and irrigation sector during the fiscal year 2020/2021, Minister of Planning…
Procter & Gamble injects US$50 mn in Egypt to manufacture masks and increase operations
June 21, 2020
Procter & Gamble injects US$50 mn in Egypt to manufacture masks and increase operations
The Procter & Gamble company announced Sunday that it will inject US$50 million in Egypt to establish a new production…
Egypt strikes deal with Chinese company to produce electric cars
June 19, 2020
Egypt strikes deal with Chinese company to produce electric cars
Egypt’s Minister of the Public Business Sector Hisham Tawfiq on Thursday witnessed the signing via video conference of a memorandum…
Solidarity or frugality? EU leaders discuss coronavirus plan
June 19, 2020
Solidarity or frugality? EU leaders discuss coronavirus plan
BRUSSELS (AP) — As they brace for the worst economic downturn since the Great Depression, leaders of the European Union’s…
Egypt’s Petroleum Ministry announces oil discovery in Gulf of Suez
June 18, 2020
Egypt’s Petroleum Ministry announces oil discovery in Gulf of Suez
Egypt’s Ministry of Petroleum on Thursday announced the discovery of an oil field in the shallow waters of the Geisum…
US dollar to Egyptian pound exchange rates show slight increase
June 17, 2020
US dollar to Egyptian pound exchange rates show slight increase
US dollar to Egyptian pound exchange rates in some financial institutions rose slightly on Wednesday in favor of the dollar.…
Egypt Air’s losses hit LE3 billion due to coronavirus crisis: Minister
June 16, 2020
Egypt Air’s losses hit LE3 billion due to coronavirus crisis: Minister
Egypt’s Minister of Civil Aviation Mohamed Manar Enabah announced on Tuesday that Egypt Air’s losses have reached LE three billion…
US dollar to Egyptian pound exchange rate rises by 2 piasters at CBE
June 15, 2020
US dollar to Egyptian pound exchange rate rises by 2 piasters at CBE
US dollar to Egyptian pound exchange rates rose by two piasters on Monday at the Central Bank of Egypt in…
Egypt, FDA sign 50 million euro agreement to upgrade metro first line
June 14, 2020
Egypt, FDA sign 50 million euro agreement to upgrade metro first line
Egypt’s Ministry of International Cooperation on Sunday signed a 50 million euro agreement with the French Development Agency (AFD) to…
World Organization for Animal Health lists Egypt as free of bird flu and ready to export
June 14, 2020
World Organization for Animal Health lists Egypt as free of bird flu and ready to export
The World Organization for Animal Health (OIE) has listed Egypt as free of bird flu for the first time in…