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Egypt signs agreements worth US$155 million for oil and natural gas exploration

Egypt signs agreements worth US$155 million for oil and natural gas exploration

Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla signed on Wednesday four new petroleum agreements for the exploration and…
Facing US trade uncertainty, China seeks closer ties with neighbours

Facing US trade uncertainty, China seeks closer ties with neighbours

China made overtures on trade to Japan and South Korea and offered support for an infrastructure initiative as it hosted…
Profile – Nevine Gamea, first woman since 2013 to become Minister of Commerce and Industry

Profile – Nevine Gamea, first woman since 2013 to become Minister of Commerce and Industry

Nevine Gamea has become the first woman to assume the post of Minister of Commerce and Industry since June 30,…
Egypt’s agriculture exports jump to over 5 million tons in 2019

Egypt’s agriculture exports jump to over 5 million tons in 2019

Egyptian agricultural exports increased to more than five million tons between January and December 2019, according to a report from…
US dollar exchange rate in Egypt declines under LE16 mark

US dollar exchange rate in Egypt declines under LE16 mark

The US dollar exchange rate made a new record decline against the Egyptian pound, falling below the LE16 mark for…
Egypt’s Investment Minister, US delegation discuss boosting American investments in Egypt

Egypt’s Investment Minister, US delegation discuss boosting American investments in Egypt

Egyptian Minister of Investment and International Cooperation Sahar Nasr met on Monday with a delegation from the United States Senate…
CBE announces LE50 billion support plan for Egypt’s tourism sector

CBE announces LE50 billion support plan for Egypt’s tourism sector

The Central Bank of Egypt (CBE) announced on Sunday the largest financing plan to support the tourism industry, which includes…
Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market…
Egypt’s inflation rate hits 2.7%: CAPMAS

Egypt’s inflation rate hits 2.7%: CAPMAS

Egypt’s annual inflation rate has hit 2.7 percent this month, up from 2.4 percent in October and compared to 15.6…
Cabinet sets 5 conditions for granting Egyptian nationality to foreigners

Cabinet sets 5 conditions for granting Egyptian nationality to foreigners

The Egyptian Cabinet approved on Tuesday a draft law to regulate granting Egyptian nationality, setting five conditions, according to the…
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