Business
Egypt says strategic wheat reserves enough to cover its needs until February
October 18, 2019
Egypt says strategic wheat reserves enough to cover its needs until February
CAIRO, Oct 18 (Reuters) – Egypt, the world’s largest wheat buyer, has enough strategic reserves of the grain to cover…
Meeza cards free in several banks until November 1: ministry
October 17, 2019
Meeza cards free in several banks until November 1: ministry
Egypt’s Ministry of Finance said that bank customers can obtain Meeza (merit) prepaid cards for free until November 1 from…
Eni plans to increase Zohr gas field production by up to 3bn cubic meters
October 16, 2019
Eni plans to increase Zohr gas field production by up to 3bn cubic meters
The Chairman of the IEOC, a subsidiary to the Italian multinational oil and gas company Eni, Luca Di Caro, said…
US dollar prices in Egypt decline at average of 2 piasters
October 15, 2019
US dollar prices in Egypt decline at average of 2 piasters
US dollar prices declined against the Egyptian pound on Tuesday in several Egyptian banks at an average of two piasters,…
Egypt to launch Sovereign Wealth Fund in November
October 15, 2019
Egypt to launch Sovereign Wealth Fund in November
The Egyptian government will launch the Sovereign Wealth Fund in November following meetings and negotiations between the fund’s executive manager…
Egypt’s 5.7 percent economic growth rate ranks best in MENA: cabinet
October 14, 2019
Egypt’s 5.7 percent economic growth rate ranks best in MENA: cabinet
Egypt’s cabinet published an infographic report on the country’s increasing economic growth, now at 5.7 percent. This rate ranks best…
Price of poultry declining to rates not seen in three years: official
October 14, 2019
Price of poultry declining to rates not seen in three years: official
The price of poultry is witnessing a decline the likes of which have not been seen in three years, despite…
Egypt is keen to attract South Korean investments: Investment Minister
October 12, 2019
Egypt is keen to attract South Korean investments: Investment Minister
Egypt’s Minister of Investment and International Cooperation Sahar Nasr stated on Friday that her country is keen to attract more…
Egypt’s Industry Ministry imposes protective measures on iron imports
October 12, 2019
Egypt’s Industry Ministry imposes protective measures on iron imports
Egypt’s Ministry of Commerce and Industry imposed a gradual protective measure on the imports of certain iron and steel products…
World Bank sees Egypt economy growing 5.8% in 2019/20
October 11, 2019
World Bank sees Egypt economy growing 5.8% in 2019/20
The World Bank forecast on Thursday that Egypt’s economy would grow by 5.8 percent this fiscal year, marginally lower than…