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Egypt to sell stake in Banque du Caire by end of year: CBE Governor

Egypt to sell stake in Banque du Caire by end of year: CBE Governor

Central Bank of Egypt Governor Tarek Amer officially revealed plans to sell a stake in Banque du Caire, one of…
Egypt’s Cabinet denies economic crisis caused by IMF conditions

Egypt’s Cabinet denies economic crisis caused by IMF conditions

The Egyptian Cabinet’s media center denied rumors on social media that Egypt is undergoing a severe economic crisis thanks to…
Egypt imposes temporary protection fees on iron imports

Egypt imposes temporary protection fees on iron imports

The Egyptian Finance Ministry said on Monday that it has begun collecting temporary protection fees on Egypt’s steel imports in…
Alexandria’s transport authority to receive 14 electric buses on May

Alexandria’s transport authority to receive 14 electric buses on May

The Public Transport Authority of Alexandria is preparing to receive 14 electric buses in mid-May, to be supplied by the…
Egypt sets plan set to reduce public debt-to-GDP: Minister

Egypt sets plan set to reduce public debt-to-GDP: Minister

Egypt’s Minister of Finance Mohammed Maait said that the government has been working on reducing the public debt-to-Growth Domestic Product…
World Bank’s newest President looks forward to working with Sisi

World Bank’s newest President looks forward to working with Sisi

The newest President of the World Bank Group, David Malpass, announced that he is looking forward to working with President…
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…
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