Business
US dollar prices decline in Egyptian banks
September 19, 2019
US dollar prices decline in Egyptian banks
US dollar exchange rates declined against the Egyptian Pound on Thursday in bank dealings following decreases in the dollar’s value…
Egypt inaugurates potato factory with US$40 million investments
September 18, 2019
Egypt inaugurates potato factory with US$40 million investments
Egyptian Minister of Trade and Industry Amr Nassar on Tuesday inaugurated the latest Farm Frites Egypt factory in the 10th…
Egypt launches new program to stimulate exports: Prime Minister
September 17, 2019
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
September 16, 2019
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
September 15, 2019
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
September 13, 2019
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
September 12, 2019
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
September 11, 2019
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
September 9, 2019
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
September 6, 2019
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…