Business

Volume of South Korea-Egypt trade records US$2.2 bn: Ambassador

Volume of South Korea-Egypt trade records US$2.2 bn: Ambassador

The volume of trade between South Korea and Egypt is now at US$2.2 billion, South Korea’s ambassador to Cairo Yoon…
Egypt signs agreement with South Sudan for cooperation in oil and gas field

Egypt signs agreement with South Sudan for cooperation in oil and gas field

Egypt signed a Memorandum of Understanding with South Sudan on Tuesday for cooperation in the field of oil and gas…
Egypt’s Prime Minister discusses joint projects with Foton Motor president

Egypt’s Prime Minister discusses joint projects with Foton Motor president

Prime Minister Mostafa Madbouly and Military Production Minister Mohamed al-Assar received on Tuesday the president of the Chinese company Foton…
Sisi requests tighter market control on goods

Sisi requests tighter market control on goods

President Abdel Fattah al-Sisi requested on Tuesday tighter market control over outlets in Egyptian governorates to ensure the availability of…
Sisi inaugurates WRC in Sharm el-Sheikh

Sisi inaugurates WRC in Sharm el-Sheikh

President Abdel Fattah al-Sisi inaugurated the World Radiocommunication Conference (WRC) organized by the International Telecommunication Union (ITU) in Sharm el-Sheikh…
Egypt advances 19 ranks on WB Access to Electricity Index

Egypt advances 19 ranks on WB Access to Electricity Index

Egypt’s ranking on the World Bank’s Doing Business report for the Access to Electricity Index has improved, rising 19 ranks…
Spain’s Glovo targets 50% of Egypt online delivery services in 18 months

Spain’s Glovo targets 50% of Egypt online delivery services in 18 months

CAIRO (Reuters) – Spanish startup Glovo is targeting 50 percent of the online delivery market in Egypt within 18 months…
Unemployment rate in Egypt at its lowest in 30 years: Infographics

Unemployment rate in Egypt at its lowest in 30 years: Infographics

The unemployment rate in Egypt reached its lowest level in 30 years, at 7.5 percent in the second quarter of…
US dollar price further declines in local banks

US dollar price further declines in local banks

The dollar exchange rate fell to its lowest level in recent years at the end of the Thursday trading session…
Egypt advances 6 places on World Bank Doing Business 2020 report

Egypt advances 6 places on World Bank Doing Business 2020 report

Egypt advanced on the World Bank’s Doing Business 2020 report six places, ranking 114th out of 190 countries. The ranking…
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