Business
China not manipulating currency but lacks transparency, US says
October 18, 2018
China not manipulating currency but lacks transparency, US says
Washington on Wednesday again declined to call China a currency manipulator but said the yuan’s fall and Beijing’s exchange practices…
Standard Chartered expects 5.5% growth for Egypt in 2019
October 17, 2018
Standard Chartered expects 5.5% growth for Egypt in 2019
Standard Chartered projected on Tuesday that the gross domestic product (GDP) growth rate of Egypt will rise by 5.5 percent…
Egypt’s foreign reserves cover 9 months of imports: Minister
October 17, 2018
Egypt’s foreign reserves cover 9 months of imports: Minister
Egyptian Minister of Planning, Follow-up and Administrative Reform Hala al-Saeed announced on Wednesday that Egypt’s foreign currency reserves now…
Nearly half the world lives on less than $5.50 a day: World Bank
October 17, 2018
Nearly half the world lives on less than $5.50 a day: World Bank
Despite progress in reducing extreme poverty, nearly half the world’s population lives on less than $5.50 a day, with a…
Egyptian Minister Sahar Nasr visits Luxembourg for investment tour
October 16, 2018
Egyptian Minister Sahar Nasr visits Luxembourg for investment tour
Minister of Investment and International Cooperation Sahar Nasr on Tuesday started a European promotional tour of investment opportunities in…
Microsoft co-founder, investor, philanthropist Allen dead at 65
October 16, 2018
Microsoft co-founder, investor, philanthropist Allen dead at 65
Paul Allen, who founded Microsoft with Bill Gates in the 1970s and later went on to become an investor, philanthropist…
Representatives of 25 companies visit Serbia to promote Egyptian tourism
October 15, 2018
Representatives of 25 companies visit Serbia to promote Egyptian tourism
Red Sea Governor Ahmad Abdullah began an official visit to Serbia, heading a tourism delegation including the head of…
CAPMAS reports Egypt’s trade deficit increased 8.4% in July
October 14, 2018
CAPMAS reports Egypt’s trade deficit increased 8.4% in July
The Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday reported that Egypt’s trade deficit widened to $4.10…
Egypt’s government considers solutions, adopting with economic crises
October 14, 2018
Egypt’s government considers solutions, adopting with economic crises
Egypt’s Deputy Minister of Planning for Planning Affairs Ahmed Kamali said on Saturday that the government would form a committee…
Egypt looks to tap Asian debt markets under debt restructuring
October 13, 2018
Egypt looks to tap Asian debt markets under debt restructuring
Egypt is considering issuing bonds in currencies other than the euro and the US dollar after launching a roadshow…