Business
Egypt’s exports expect to hit $200bn in 2030: CBE deputy governor
December 9, 2019
Egypt’s exports expect to hit $200bn in 2030: CBE deputy governor
Egypt’s imports are expected to reach about US$150 billion in 2030, and exports to reach US$200 billion, the Deputy Governor…
Head of Suez Canal Economic Zone, Chinese officials discuss TEDA projects
December 9, 2019
Head of Suez Canal Economic Zone, Chinese officials discuss TEDA projects
Head of the Suez Canal Economic Zone (SCZone) Yehia Zaki held a meeting on Monday with a Chinese delegation from…
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
December 9, 2019
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
CAIRO, Dec 8 (Reuters) – Egypt’s spending on fuel subsidies dropped by about 69 percent year on year to 7.25…
Mubarak-era minister makes first public appearance at Rome Med 2019
December 9, 2019
Mubarak-era minister makes first public appearance at Rome Med 2019
The Mubarak-era’s former Trade and Industry Minister Rachid Mohamed Rachid made his first public appearance on Friday at the Mediterranean…
Egypt to increase crude oil production, sign new agreements: Oil Minister
December 8, 2019
Egypt to increase crude oil production, sign new agreements: Oil Minister
Egypt’s government will increase crude oil production to bridge declining domestic consumption through developing systems and procedures, offering bids, and…
Egypt’s Minister of Investment opens “Future Cities in Egypt” Conference
December 8, 2019
Egypt’s Minister of Investment opens “Future Cities in Egypt” Conference
Egypt’s Minister of Investment and International Cooperation Sahr Nasr on Sunday opened the “Future Cities in Egypt” Conference organized by…
CBE demands government to put tax incentives for the industrial sector
December 8, 2019
CBE demands government to put tax incentives for the industrial sector
The Central Bank of Egypt (CBE) on Sunday urged the government to grant tax incentives to the industrial sector within…
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
December 8, 2019
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
Dues to foreign oil companies in Egypt have decreased to their lowest level since 2010, thanks to the payment of…
Egypt to issue first corporate sukuk within weeks: official
December 6, 2019
Egypt to issue first corporate sukuk within weeks: official
CAIRO (Reuters) — Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority (FRA)…
OPEC nations grapple with oversupply of oil
December 4, 2019
OPEC nations grapple with oversupply of oil
The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down…