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Egypt looks forward to more BP investments: PM

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

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

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

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

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

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

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

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…
Egypt receives $2bn tranche of IMF loan

Egypt receives $2bn tranche of IMF loan

Egypt has received the fifth installment of the International Monetary Fund (IMF) loan, worth $2 billion, an official source at…
Zohr production to reach 3bn cubic meters in 2019: Minister

Zohr production to reach 3bn cubic meters in 2019: Minister

Egypt’s Minister of Oil and Mineral Wealth Tarek El Molla said that the ministry plans to increase production of the…
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