Business
Egypt fifth country globally in terms of economic growth: Finance Ministry
February 12, 2020
Egypt fifth country globally in terms of economic growth: Finance Ministry
Egypt was ranked fifth globally in terms of economic growth, with the country recording an economic growth rate of 5.6…
Suez Canal Economic Zone to see petrochemical complex built in $6.7 billion deal
February 12, 2020
Suez Canal Economic Zone to see petrochemical complex built in $6.7 billion deal
The first day of the 2020 Egypt Petroleum show on Tuesday saw the signing of a US$6.7 billion agreement between…
Egypt’s annual inflation rate down to 6.8 percent: CAPMAS
February 11, 2020
Egypt’s annual inflation rate down to 6.8 percent: CAPMAS
Egypt’s annual inflation rate fell to 6.8 percent in January 2020, compared to 12.2 percent in January 2019, according to…
Egyptian pound strengthens to three-year high
February 11, 2020
Egyptian pound strengthens to three-year high
CAIRO, Feb 10 (Reuters) – The Egyptian pound gained on Monday to its strongest against the dollar since the week…
Egypt’s net foreign reserves rise to US$45.457 bn in January
February 7, 2020
Egypt’s net foreign reserves rise to US$45.457 bn in January
Egypt’s net foreign reserves rose to US$45.457 billion in January 2020 from $45.420 billion in December 2019, an increase of…
Egypt non-oil private sector shrinks faster in January: PMI
February 4, 2020
Egypt non-oil private sector shrinks faster in January: PMI
CAIRO (Reuters) – Non-oil private economic activity in Egypt contracted at the quickest rate in almost three years in January…
Egypt announces procedures to register civil sector companies
February 3, 2020
Egypt announces procedures to register civil sector companies
Egypt’s Ministry of Defense announced the start of registrations in the suppliers’ roster for civil sector companies that wish to…
Egypt’s Sovereign Wealth Fund to sign agreement with NSPO
February 2, 2020
Egypt’s Sovereign Wealth Fund to sign agreement with NSPO
Egypt’s Sovereign Wealth Fund will sign a framework agreement on Monday with the National Service Projects Organization (NSPO) of the…
Egypt’s Alexandria starts operating 4 new tramcars imported from Ukraine
January 31, 2020
Egypt’s Alexandria starts operating 4 new tramcars imported from Ukraine
Alexandria Governor Mahmoud al-Sherif inspected on Thursday evening the operation of four new tramcars imported from Ukraine, with the aim…
Vodafone to sell its share in Vodafone Egypt to Saudi STC
January 29, 2020
Vodafone to sell its share in Vodafone Egypt to Saudi STC
Vodafone Group CEO Nick Reed said that his company is set to sign a memorandum of understanding with Saudi Arabia…