Business
Egypt, AfDB discuss joint transport projects across Africa
July 22, 2019
Egypt, AfDB discuss joint transport projects across Africa
Egyptian Transport Minister Kamal al-Waziri met on Monday with an African Development Bank (AfDB) delegation to discuss cooperation on road and…
International oil companies to increase investments in Egypt: minister
July 22, 2019
International oil companies to increase investments in Egypt: minister
The keenness of major international oil companies to pump more investments into the Egyptian oil market is strong evidence of…
Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet
July 21, 2019
Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet
Egypt’s Cabinet published on Sunday an infographic on the exchange rates of foreign currencies against the Egyptian pound from January…
Four nominees shortlisted for Sovereign Wealth Fund executive manager: Minister
July 21, 2019
Four nominees shortlisted for Sovereign Wealth Fund executive manager: Minister
Egypt’s Minister of Planning, Monitoring and Administrative Reform Hala al-Saed stated on Saturday that the board of directors of the…
Report: Lawyer files lawsuit to ban Turkish products from entering Egyptian market
July 20, 2019
Report: Lawyer files lawsuit to ban Turkish products from entering Egyptian market
Egyptian lawyer Tarek Mahmoud filed a case with the Administrative Court in Cairo on Saturday demanding the cancellation of trade agreements…
Italy to organize first investment conference on Egypt, establish economic zone
July 19, 2019
Italy to organize first investment conference on Egypt, establish economic zone
President of the Italian Confederation for Economic Development Jose Romano announced that the Italian government will organize the first conference…
CBE announces exchange rates for Egyptian pound
July 18, 2019
CBE announces exchange rates for Egyptian pound
US dollar prices varied against the Egyptian pound in several banks on Thursday, according to Central Bank of Egypt (CBE)…
Egypt’s inflation rate drops to 9.4 percent, GDP increases to 5.6 percent
July 18, 2019
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
July 17, 2019
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
July 17, 2019
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…