Business

Egypt launches new program to stimulate exports: Prime Minister

Egypt launches new program to stimulate exports: Prime Minister

Egyptian Prime Minister Mostafa Madbouly on Monday announced the launching of a new program to stimulate exports, alongside the commencement…
US dollar price in Egypt falls 145 piasters since 2019 start

US dollar price in Egypt falls 145 piasters since 2019 start

US dollar prices continued its decrease in Egyptian banks on Monday, amid expectations of continued decline due to the increasing…
Egypt launches official website for ‘Africa 2019’ investment forum

Egypt launches official website for ‘Africa 2019’ investment forum

Egypt’s Ministry of Investment and International Cooperation on Sunday launched the official website for the “Africa 2019” forum, under the…
Egypt requests to participate in Airbus manufacturing

Egypt requests to participate in Airbus manufacturing

The Ministry of Civil Aviation officially discussed with Airbus officials the possibility of establishing an Airbus factory in Egypt. The…
Sisi approves French Development Agency agreement on 2 mn euro grant

Sisi approves French Development Agency agreement on 2 mn euro grant

President Abdel Fattah al-Sisi issued presidential decree 177 of 2019 approving a simplified agreement between Egypt and the French Development…
Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS

Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS

Egypt’s inflation rate recorded 11.5 percent in January-August 2019, compared to the same period in 2018,  while prices of food…
Egypt to issue international bonds and diversify currency to hedge against risks

Egypt to issue international bonds and diversify currency to hedge against risks

Egyptian Finance Minister Mohamed Maait announced on Monday that his country intends to issue international bonds worth between US$3-7 billion…
General Federation of Poultry suspends poultry imports

General Federation of Poultry suspends poultry imports

The General Federation of Poultry (GFP) producers announced on Friday morning a decision to suspend the import of poultry and…
Turkey’s Erdogan says plans 5% growth rate in 2020

Turkey’s Erdogan says plans 5% growth rate in 2020

ISTANBUL (Reuters) – President Tayyip Erdogan said Turkey would plan for economic growth of 5% in 2020 and expected interest…
US dollar prices decrease in Egyptian banks

US dollar prices decrease in Egyptian banks

US dollar prices have decreased in Egyptian banks to between LE16.46 and LE16.50 for purchase and between LE16.56 and LE16.60…
Back to top button