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Egypt’s inflation rate drops to 9.4 percent, GDP increases to 5.6 percent

Egypt’s inflation rate drops to 9.4 percent, GDP increases to 5.6 percent

Egypt’s Minister of Finance Mohamed Maait said that the inflation rate dropped to 9.4 percent in July 2019 compared to 30…
Finance Minister expresses pride in Egypt’s economic performance

Finance Minister expresses pride in Egypt’s economic performance

During a press conference on Wednesday at the Cabinet headquarters to announce the Cabinet’s economic performance, Minister of Finance Mohamed…
Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll

Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll

ISTANBUL (Reuters) – Turkey’s economy is expected to contract in 2019 for the first time in a decade and to…
Egypt, European Bank discuss railway, maritime transport, ports projects

Egypt, European Bank discuss railway, maritime transport, ports projects

Egypt’s Minister of Transportation Kamel al-Waziri and Minister of Investment and International Cooperation Sahr Nasr held a meeting with the…
Report: World Bank hails Egypt’s economic reform program

Report: World Bank hails Egypt’s economic reform program

The World Bank (WB) has released a report titled the “Egyptian Economic Observatory” (EEI), praising Egypt’s implementation of it’s important…
US dollar maintains prices on Tuesday

US dollar maintains prices on Tuesday

US dollar exchange rates were maintained against the Egyptian Pound in banks on Tuesday in comparison with the Monday dealings.…
Egypt’s PM, US Chamber of Commerce discuss promoting trade relations

Egypt’s PM, US Chamber of Commerce discuss promoting trade relations

Egyptian Prime Minister Mostafa Madbouly met on Tuesday with the executive vice president and head of International Affairs at the…
CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent

CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent

The Central Agency for Public Mobilization and Statistics (CAMPAS) released their annual statistics showing that the number of foreigners working…
Egypt, EBRD discuss further investments in transport sector

Egypt, EBRD discuss further investments in transport sector

Minister of Investment and International Cooperation Sahar Nasr met on Friday with the President of the European Bank for Reconstruction…
Electricity Company injects LE150 million investment in electricity grid update plan

Electricity Company injects LE150 million investment in electricity grid update plan

Head of the South Delta for Electricity Distribution Mohammed Abdel Hakem stated on Wednesday that the company injected LE150 million…
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