Business
Egypt to host African Caucus for WB, IMF on Sunday and Monday
August 4, 2018
Egypt to host African Caucus for WB, IMF on Sunday and Monday
Egypt will host the annual meetings for the African Caucus for the World Bank (WB) and the International Monetary…
US dollar falls to LE17.80
August 1, 2018
US dollar falls to LE17.80
US dollar prices witnessed a decline on Wednesday morning, recording an average of LE17.80 after hovering around 17.90 on Monday…
Egypt maintains LE16 per USD customs exchange rate for August
July 31, 2018
Egypt maintains LE16 per USD customs exchange rate for August
Egypt’s Finance Minister Mohamed Maeet announced on Tuesday that the exchange rate of the customs dollar will continue to be…
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…