Business
Govt to completely lift fuel subsidies in 2020: minister
January 8, 2019
Govt to completely lift fuel subsidies in 2020: minister
Subsidies on hydrocarbons will be completely canceled by the Egyptian government in 2020, Petroleum Minister Tarek al-Mulla said, adding that…
CBE foreign reserves decline $2bn at end of December
January 8, 2019
CBE foreign reserves decline $2bn at end of December
The foreign reserves of the Central Bank of Egypt (CBE) lost about $2 billion at the end of December. Egypt’s…
US negotiators in Beijing for trade war talks
January 7, 2019
US negotiators in Beijing for trade war talks
US and Chinese negotiators on Monday held their first face-to-face talks since the world’s two largest economies agreed to…
Minister of Trade, LG Electronics discuss increasing company’s products in Africa
January 6, 2019
Minister of Trade, LG Electronics discuss increasing company’s products in Africa
Minister of Trade and Industry Amr Nassar met with Chairman of LG Electronics in Egypt Don Kwak on Sunday…
Egyptian agricultural exports successfully penetrate new markets throughout 2018
January 5, 2019
Egyptian agricultural exports successfully penetrate new markets throughout 2018
Egypt’s Minister of Agriculture Ezz Eddin Abusteit said that Egyptian agricultural exports were able to penetrate new markets for…
Egypt to issue commemorative coins for achievements in 2014-18
January 3, 2019
Egypt to issue commemorative coins for achievements in 2014-18
Egypt’s Prime Minister Mustafa Madbouli decided on Thursday to print 50-piaster and LE 1 commemorative coins commemorating the country’s achievements…
No significant change in exchange rate in 2019: EFG Hermes
January 1, 2019
No significant change in exchange rate in 2019: EFG Hermes
EFG Hermes, one of the largest investment banks in the Middle East and Africa, has ruled out any significant change…
Hurghada industrial city to be completed on time: Gov.
January 1, 2019
Hurghada industrial city to be completed on time: Gov.
Red Sea Governor Ahmed Abdullah confirmed the governorate’s commitment to construct the first industrial city in Hurghada by the previously…
Zero customs on European cars imported into Egypt, 2000 CC prices decrease
January 1, 2019
Zero customs on European cars imported into Egypt, 2000 CC prices decrease
Egypt’s customs authorities on Tuesday began applying the last tranche of tariff reductions on cars from the European…
Sisi discusses developments of Egypt’s monetary reform program
December 30, 2018
Sisi discusses developments of Egypt’s monetary reform program
Egyptian President Abdel Fattah al-Sisi on Sunday discussed the monetary reform program with Prime Minister Mostafa Madbouly and Governor…