Business
US dollar makes record decrease against Egyptian pound
March 18, 2019
US dollar makes record decrease against Egyptian pound
The US dollar exchange rate witnessed a record decrease, the lowest in 2 years, on Monday against the Egyptian pound,…
MARLOG 8 conference kicks off in Alexandria
March 17, 2019
MARLOG 8 conference kicks off in Alexandria
The International Maritime Transport and Logistics Conference (MARLOG 8) launched this morning, organized by the Arab Academy for Science, Technology…
Investment minister inaugurates two Sumitomo factories in Port Said
March 17, 2019
Investment minister inaugurates two Sumitomo factories in Port Said
On Sunday Investment and International Cooperation Minister Sahar Nasr inaugurated two new factories from the Japanese Sumitomo Corporation in the…
Egypt’s trade deficit rises by 14.1%: CAPMAS
March 13, 2019
Egypt’s trade deficit rises by 14.1%: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported on Tuesday a 14.1 percent increase in Egypt’s trade deficit,…
Egypt’s parliament approves bill on cashless payment
March 12, 2019
Egypt’s parliament approves bill on cashless payment
The House of Representatives approved on Monday a joint report of the Economic Affairs Committee, the Plan and Budget Committee,…
Egypt has undergone “difficult surgery” for economic reform: Finance Minister
March 11, 2019
Egypt has undergone “difficult surgery” for economic reform: Finance Minister
The state has undergone a very difficult surgery to conduct it’s economic reform, leading to success in all sectors, Finance…
Saudi Arabia to cut crude oil exports in April: Saudi official
March 11, 2019
Saudi Arabia to cut crude oil exports in April: Saudi official
DUBAI (Reuters) – Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per…
Egypt’s urban inflation jumps to 14.4 pct in Feb
March 11, 2019
Egypt’s urban inflation jumps to 14.4 pct in Feb
CAIRO, March 10 (Reuters) – Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent…
Egypt’s Foreign Minister receives US Chamber of Commerce delegation
March 10, 2019
Egypt’s Foreign Minister receives US Chamber of Commerce delegation
Foreign Minister Sameh Shoukry received the US Chamber of Commerce’s delegation on Sunday morning as part of preparations for the…
Egypt government plans to double exports to US$55 billion
March 9, 2019
Egypt government plans to double exports to US$55 billion
Egyptian Prime Minister Mostafa Madbouly announced on Friday that the government is determined to press ahead with implementing a new…