Business
Egypt PM discusses stimulating stock exchange with capital market leaders
May 13, 2019
Egypt PM discusses stimulating stock exchange with capital market leaders
Egypt’s Prime Minister Mostafa Madbouly held a meeting on Monday with capital market leaders to discuss stimulating the stock exchange…
Egyptian hotel market sees 34% growth Q1 2019
May 13, 2019
Egyptian hotel market sees 34% growth Q1 2019
A report conducted by Colliers’ MENA presented a positive outlook regarding this year’s Egyptian hotel markets including the markets in…
Egypt’s trade deficit fell to US$3.63 billion in February: CAPMAS
May 13, 2019
Egypt’s trade deficit fell to US$3.63 billion in February: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Monday that the value of Egypt’s trade deficit fell to…
US dollar exchange rate continues decline in Egypt
May 13, 2019
US dollar exchange rate continues decline in Egypt
US dollar prices declined against the Egyptian pound by an average of four piasters in several banks on Monday. The…
Egypt to increase local components in production: Prime Minister
May 12, 2019
Egypt to increase local components in production: Prime Minister
Egypt’s Prime Minister Mostafa Madbouly announced Sunday that the government would set a comprehensive strategy to increase the percentage of…
Moody’s expects Egypt’s GDP to increase by 6 percent by 2021
May 10, 2019
Moody’s expects Egypt’s GDP to increase by 6 percent by 2021
Moody’s investors service said that Egypt’s commitment to economic reforms in cooperation with the World Bank and improvements in the…
Egypt headline inflation drops to 13.0 pct in April: CAPMAS
May 10, 2019
Egypt headline inflation drops to 13.0 pct in April: CAPMAS
Egypt’s annual urban consumer price inflation eased to 13.0 percent in April from 14.2 percent in March, official statistics agency…
China to provide 4.6 bn yuan soft loan to Egypt for electric train project
May 9, 2019
China to provide 4.6 bn yuan soft loan to Egypt for electric train project
The Official Gazette published on Thursday morning the decision of President Abdel Fattah al-Sisi, No. 496 of 2018, to approve…
Egypt injects LE70 million for facing illegal immigration
May 9, 2019
Egypt injects LE70 million for facing illegal immigration
A delegate of the Medium, Small, and Micro Enterprises Development Authority (MSMEDA) said on Wednesday that the government injected LE70…
US Dollar exchange rate in Egypt declines further
May 8, 2019
US Dollar exchange rate in Egypt declines further
US dollar prices slightly declined against the Egyptian pound in several banks on Sunday. According to the last update prices…