Business

Inflation rate anticipated to decline to 9% in 2018: CBE

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

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

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

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

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

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

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

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

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

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…
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