Business

The world’s middle class is shrinking

The world’s middle class is shrinking

New York (CNN Business)–America’s middle class families aren’t the only ones having a tough time these days. Middle-income households are…
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS

Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced an 0.9 percent increase in Egypt’s inflation rate in March…
US is third largest investor in Egypt during 2017-2018: Cabinet

US is third largest investor in Egypt during 2017-2018: Cabinet

The Information Center of the Egyptian Cabinet has published infographics highlighting the most important aspects of cooperation between Egypt and…
Tourism growth rate reached 16.5% during 2018: Minister

Tourism growth rate reached 16.5% during 2018: Minister

Egyptian Tourism Minister Rania al-Mashat said on Monday that the World Travel and Tourism Council (WTTC) conducted a study revealing…
Highlights of the 17th edition of the world Economic Forum

Highlights of the 17th edition of the world Economic Forum

The World Economic Forum in the Middle East and North Africa took place at Jordan’s Dead Sea on April 6…
Egypt aims to support its railways with 250 new locomotives

Egypt aims to support its railways with 250 new locomotives

Egypt’s Transport Minister Kamel al-Wazir announced Sunday that Egypt’s railways will be supported with 250 new locomotives, a huge addition…
Egypt’s Finance Ministry starts implementing digital transformation program

Egypt’s Finance Ministry starts implementing digital transformation program

The Ministry of Finance began implementing President Abdel Fattah al-Sisi’s instruction to begin the digital transformation of the state, by…
Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt

Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt

Minister of Investment and International Cooperation Sahar Nasr held talks on Saturday with president of the European Bank for Reconstruction…
IMF praises Egypt’s economic reform program, says all targets achieved

IMF praises Egypt’s economic reform program, says all targets achieved

The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egypt to enter electric vehicle industry

Egypt to enter electric vehicle industry

Prime Minister Mostafa Madbouli formed a committee comprised of representatives from the Ministries of Military Production, Local Development, Trade and…
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