Business
Egypt to begin converting vehicles to dual fuel starting September
August 1, 2019
Egypt to begin converting vehicles to dual fuel starting September
The Egyptian government will begin implementing a national project for the conversion of cars to dual fuel (natural gas and…
Investment Minister, Japanese companies discuss increasing investments to Egypt
July 31, 2019
Investment Minister, Japanese companies discuss increasing investments to Egypt
Egyptian Minister of Investment and International Cooperation Sahar Nasr held a meeting with representatives of 25 Japanese companies on Tuesday…
Egyptian Finance Ministry drafting new tax law
July 30, 2019
Egyptian Finance Ministry drafting new tax law
Egyptian Finance Minister Mohamed Maait said on Monday that his ministry has started drafting a new law on income tax…
Fannon: US against any tensions in East Mediterranean region
July 28, 2019
Fannon: US against any tensions in East Mediterranean region
The US Assistant Secretary of State for Energy Resources Francis Fannon said that his country is closely monitoring the situation…
Sources: Egypt’s government to sign agreement with IMF
July 28, 2019
Sources: Egypt’s government to sign agreement with IMF
Egypt’s government has announced that a new technical agreement will be signed with the International Monetary Fund (IMF) to implement…
Suez Canal Zone revenues up to LE3.69 billion in 2018/2019 fiscal year
July 27, 2019
Suez Canal Zone revenues up to LE3.69 billion in 2018/2019 fiscal year
The head of the General Authority for the Suez Canal Economic Zone (SCZone) Mohab Mamish announced on Saturday that the…
Sisi discusses Eastern Mediterranean Gas Forum’s importance to region
July 27, 2019
Sisi discusses Eastern Mediterranean Gas Forum’s importance to region
Egyptian President Abdel Fattah al-Sisi on Thursday received the delegation heads participating in the second ministerial meeting of the Eastern…
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
July 26, 2019
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Central Bank of Egypt (CBE) board of directors member Fakhry al-Fekki said on Thursday that the International Monetary Fund (IMF)…
US dollar prices continue declining in Egyptian markets
July 25, 2019
US dollar prices continue declining in Egyptian markets
Dollar prices continued declining in the local exchange market against the Egyptian pound on Thursday after seeing a reduction of…
US Energy Secretary: We will expand our investments in Egypt
July 25, 2019
US Energy Secretary: We will expand our investments in Egypt
Egyptian Petroleum and Mineral Resources Minister Tariq al-Mulla received on Wednesday US Energy Secretary Rick Perry on his first visit…