Business
UAE, Egypt launch $20 billion investment platform: Abu Dhabi crown prince
November 14, 2019
UAE, Egypt launch $20 billion investment platform: Abu Dhabi crown prince
The United Arab Emirates and Egypt have launched a $20 billion investment platform for economic and social projects, the crown…
European Investment Bank’s investments in Egypt reach €9 billion
November 13, 2019
European Investment Bank’s investments in Egypt reach €9 billion
The European Investment Bank (EIB) will enhance its partnership with Egypt to fund infrastructure projects and small and medium sized…
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
November 11, 2019
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
Egypt’s annual rate of inflation increased to 2.7 percent in October up from 2.6 percent in September, The Central Bank of…
Egypt’s HCMLT to soon contract global consultant for restructuring
November 11, 2019
Egypt’s HCMLT to soon contract global consultant for restructuring
The Holding Company for Maritime and Land Transport (HCMLT) will soon seal a contract with an international consultancy office that…
Egypt’s Minister of Investment, pharmaceutical companies discuss medical investments
November 10, 2019
Egypt’s Minister of Investment, pharmaceutical companies discuss medical investments
Egypt’s Minister of Investment and International Cooperation Sahr Nasr met with global pharmaceutical companies Johnson & Johnson, Pfizer, Eli Lilly…
Egyptian agriculture sector investments at LE42.1 billion during 2019/20: Minister
November 9, 2019
Egyptian agriculture sector investments at LE42.1 billion during 2019/20: Minister
Egyptian Minister of Planning, Follow-up and Administrative Reform Hala al-Saeed announced on Saturday that the investments targeted for the agricultural…
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
November 9, 2019
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Saturday that the annual rate of Egypt’s inflation declined…
US dollar price varies in local market Friday
November 8, 2019
US dollar price varies in local market Friday
The US dollar exchange rate varied in the Friday trading session in banks operating on the local market, recorded at LE16.09…
Net foreign reserves rise to US$45.247 bn in October
November 7, 2019
Net foreign reserves rise to US$45.247 bn in October
The value of Egypt’s net foreign reserves rose to US$45.247 billion in October from $45.118 billion in September, the Central…
Foreign currencies vary against Egyptian Pound
November 6, 2019
Foreign currencies vary against Egyptian Pound
Prices for the US dollar and several other currencies varied against the Egyptian pound in several banks, the Central Bank…