Business
Egypt’s Ministry of Petroleum discusses gas exploration and production in Gulf of Suez
July 31, 2018
Egypt’s Ministry of Petroleum discusses gas exploration and production in Gulf of Suez
Minister of Petroleum and Mineral Wealth Tarek al-Mulla announced on Tuesday that the ministry is looking to increase investment…
Egypt says country grew at highest rate in 10 years
July 28, 2018
Egypt says country grew at highest rate in 10 years
Egypt’s Planning Ministry says the country’s economy grew 5.3 percent in the most recent fiscal year — the highest…
Trump hails US economic growth spurt, promises more ahead
July 28, 2018
Trump hails US economic growth spurt, promises more ahead
President Donald Trump on Friday hailed roaring US economic growth as a “miracle,” and said the quickest expansion in…
Egypt’s budget deficit falls to less than 10 percent for the first time since 2011: minister
July 26, 2018
Egypt’s budget deficit falls to less than 10 percent for the first time since 2011: minister
Egypt’s budget deficit fell to less than 10 percent for the first time since 2011, according to Finance Minister Mohamed…
Cairo named most attractive city to investors in Africa: UN report
July 25, 2018
Cairo named most attractive city to investors in Africa: UN report
Cairo is ranked the most attractive city to investors in Africa, snatching the 64th position globally, in a report released by…
Egypt to ban exports of raw materials
July 24, 2018
Egypt to ban exports of raw materials
Egypt’s Ministry of Trade and Industry announced a plan to stop exporting Egypt’s natural materials raw, instead requiring the…
International Finance Corporation to fund Egypt’s private sector with $2 bn by 2019
July 22, 2018
International Finance Corporation to fund Egypt’s private sector with $2 bn by 2019
The International Finance Corporation (IFC) is committed to financially support Egypt’s private sector with a $2 billion fund by…
IDSC denies plans to increase electricity prices
July 21, 2018
IDSC denies plans to increase electricity prices
Egypt’s Cabinet Information and Decision Support Centre (IDSC) denied social media rumors that the Egyptian government will increase electricity prices. In…
Sisi, Bashir agree to maximize economic cooperation
July 20, 2018
Sisi, Bashir agree to maximize economic cooperation
President Abdel Fattah al-Sisi started a two-day visit to Sudan on Thursday, his first visit to Khartoum since his recent…
Sisi issues new law to develop Upper Egypt
July 18, 2018
Sisi issues new law to develop Upper Egypt
Egypt’s President Abdel Fattah al-Sisi issued Law No. 157 of 2018 which establishes the Upper Egypt Development Authority (UEDA),…