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Coronavirus fears drive gold prices up in Egypt, 21k gold at LE697

Coronavirus fears drive gold prices up in Egypt, 21k gold at LE697

The price of gold has risen in the Egyptian market during the past couple of days by about LE13, a…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year

Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year

Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Dubai and Saudi based companies invest in Egypt’s new Magdi Yacoub Heart Center

Dubai and Saudi based companies invest in Egypt’s new Magdi Yacoub Heart Center

Several companies based in the United Arab Emirates and Saudi Arabia announced on Tuesday that they will invest in the…
Egypt tops most important Middle East economy growth rates in 2018-2019: Cabinet

Egypt tops most important Middle East economy growth rates in 2018-2019: Cabinet

Egypt has topped the list of economic growth rates for the most important economies of the Middle East region in…
Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget

Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget

Egypt’s Finance Ministry said on Sunday that it would open up the new draft of the government’s  2020/2021 budget to…
Three Egyptian companies win tender for Dabaa nuclear plant

Three Egyptian companies win tender for Dabaa nuclear plant

Atomstroyexport, a subsidiary of Russia’s state-owned Rosatom, announced on Sunday that three Egyptian contracting companies won a tender offer for…
Egypt’s growth rate soars among emerging countries: Minister

Egypt’s growth rate soars among emerging countries: Minister

Egypt has achieved one of the highest growth rates among emerging countries during the 2018/2017 fiscal year, at 5.6 percent…
Egypt’s economy achieves highest growth rate in 11 years: Cabinet

Egypt’s economy achieves highest growth rate in 11 years: Cabinet

The Egyptian economy has achieved its highest growth rate in 11 years, according to a statement on Sunday by the…
IMF recommends ‘economic program’ to develop Egypt’s private sector

IMF recommends ‘economic program’ to develop Egypt’s private sector

The International Monetary Fund (IMF) recommended that Egypt needs a new package of reforms geared towards supporting and developing its…
Egypt govt mulls cooperation with private sector to desalinate sea water

Egypt govt mulls cooperation with private sector to desalinate sea water

Housing Minister Assem al-Gazzar on Friday announced that his ministry is contemplating cooperation with the private sector in seawater desalination…
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