Business
Egypt, Germany sign second tranche agreement to support reform program
February 13, 2019
Egypt, Germany sign second tranche agreement to support reform program
Egypt and Germany signed the second tranche agreement of $250 million to support Egypt’s economic and social reform program, as…
Dana Gas to drill second largest Egyptian natural gas field
February 13, 2019
Dana Gas to drill second largest Egyptian natural gas field
UAE-based Dana Gas will begin drilling in an area in 2019 that could become the second largest Egyptian natural gas…
Egypt looks forward to more BP investments: PM
February 11, 2019
Egypt looks forward to more BP investments: PM
Egyptian Prime Minister Mostafa Madbouly on Monday stressed his government’s support for British Petroleum’s (BP) investments in Egypt and expressed…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
February 11, 2019
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
Egypt inflation rate in January saw increase by 0.8%: CAPMAS
February 10, 2019
Egypt inflation rate in January saw increase by 0.8%: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced Sunday that the inflation rate in January increased…
Egypt-Korea sign agreement to produce fuel from waste
February 9, 2019
Egypt-Korea sign agreement to produce fuel from waste
Egypt signed an agreement on Friday with JST, a leading Korean company in the field of solid waste conversion technology…
IMF chief warns of high Arab public debt
February 9, 2019
IMF chief warns of high Arab public debt
Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget…
CBE denies ‘Let it Rust’ saved $12bn to state treasury
February 8, 2019
CBE denies ‘Let it Rust’ saved $12bn to state treasury
The Central Bank of Egypt (CBE) denied that the “Let it Rust” social media campaign, which called for boycotting buying…
Egypt targets 3bn cubic feet of gas per day from Zohr: Minister
February 7, 2019
Egypt targets 3bn cubic feet of gas per day from Zohr: Minister
Petroleum Minister Tarek al-Molla announced targeting a maximum production of more than 3 billion cubic feet of gas per day…
Egypt to participate in COTTM exhibition in China on April
February 6, 2019
Egypt to participate in COTTM exhibition in China on April
Egypt will participate in the China Outbound Travel & Tourism Market (COTTM) exhibition for tourism and aviation in its latest…