Business
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…
Egypt’s Prime Minister briefed on prospects for mining, energy sectors
January 29, 2020
Egypt’s Prime Minister briefed on prospects for mining, energy sectors
Egypt’s Prime Minister Mostafa Madbouly was briefed on Tuesday on a report from the Information and Decision Support Center’s (IDSC)…
US dollar exchange rate down by 2 piasters against Egyptian pound
January 27, 2020
US dollar exchange rate down by 2 piasters against Egyptian pound
The US dollar exchange rate made a new decline against the Egyptian pound on Monday, falling 2 piasters at Banque…
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
January 27, 2020
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
The Egyptian House of Representatives’ Economic Affairs Committee approved on Sunday a presidential decree for increasing Egypt’s authorized share of…
Egypt seeks further financing from EBRD for private sector: Minister
January 25, 2020
Egypt seeks further financing from EBRD for private sector: Minister
Minister of International Cooperation Rania al-Mashat on Saturday met with Suma Chakrabarti, the President of the European Bank for Reconstruction…
Prices of US dollar against Egyptian pound remain stable
January 23, 2020
Prices of US dollar against Egyptian pound remain stable
Prices of the US dollar against the Egyptian pound remained stable in several banks on Thursday, following a decline in…
Egypt’s markets, industrial sectors to witness recovery in June: expert
January 22, 2020
Egypt’s markets, industrial sectors to witness recovery in June: expert
Matti Beshay, an expert with the General Division of Importers, said on Wednesday that the market is suffering stagnation despite…
Egypt among top 10 emerging economies: Minister
January 22, 2020
Egypt among top 10 emerging economies: Minister
Egypt’s Minister of Planning and Economic Development Hala al-Saeed said on Tuesday that Egypt is among the top ten emerging…
SCZone, EBRD heads discuss investments in Suez Canal economic zone
January 22, 2020
SCZone, EBRD heads discuss investments in Suez Canal economic zone
President of the General Authority for the Suez Canal Economic Zone (SCZone) Yahya Zaki met with the President of the…