Business
Inflation rate anticipated to decline to 9% in 2018: CBE
December 30, 2018
Inflation rate anticipated to decline to 9% in 2018: CBE
The Central Bank of Egypt (CBE) announced in a Saturday statement that they anticipate the inflation rate would decline…
LE1.2bn loan for constructing electric train project in Cairo signed: Minister
December 30, 2018
LE1.2bn loan for constructing electric train project in Cairo signed: Minister
Minister of transportation Hesham Arafat announced on Sunday that the ministry has signed an LE 1.2 billion loan agreement…
Egypt’s 2018 agricultural exports reach 4.9mn tons: report
December 28, 2018
Egypt’s 2018 agricultural exports reach 4.9mn tons: report
Egypt’s Ministry of Agriculture and Land Reclamation issued a report on Egyptian agricultural exports during the period from January 1…
Tokyo stocks plunge in Christmas rout
December 25, 2018
Tokyo stocks plunge in Christmas rout
Tokyo stocks plunged on Tuesday as the few Asian markets open on Christmas suffered a holiday rout on fears…
Egypt, Germany sign €150.5 million technical and financial agreements
December 23, 2018
Egypt, Germany sign €150.5 million technical and financial agreements
Egypt’s Minister of Investment and International Cooperation Sahar Nasr and German Ambassador Julius Georg Luy signed on Sunday…
Careem to inject investments up to US $120 million in 2019
December 23, 2018
Careem to inject investments up to US $120 million in 2019
Careem CEO Wael Abu al-Ella stated on Saturday that the company would inject investments up to $120 million in…
Egypt’s Military Production Minister signs MoU with Chinese energy company
December 22, 2018
Egypt’s Military Production Minister signs MoU with Chinese energy company
Egyptian Military Production Minister Mohamed Saeed al-Assar signed a Memorandum of Understanding (MoU) at the headquarters of the Ministry…
Citrus Egypt’s most exported produce in 2018: official
December 21, 2018
Citrus Egypt’s most exported produce in 2018: official
The head of the Central Department of Agricultural Quarantine at the Agriculture Ministry Ahmed al-Attar said on Thursday that citrus…
El Sharara oilfield to reopen, Libyan government says
December 20, 2018
El Sharara oilfield to reopen, Libyan government says
BENGHAZI, Libya/TUNIS (Reuters) – Libya’s biggest oilfield, El Sharara, will reopen, the country’s internationally recognized government said on Wednesday…
Egypt, World Bank sign $1 billion agreement to support private sector
December 19, 2018
Egypt, World Bank sign $1 billion agreement to support private sector
The Egyptian government and the World Bank signed a US $1 billion agreement to support the Egyptian private sector…