Business
Egypt, China discuss bilateral relations, hoping to inject higher investments
July 9, 2018
Egypt, China discuss bilateral relations, hoping to inject higher investments
The Minister of Trade and Industry Amr Nassar held a meeting with the Ambassador of China to Egypt Song…
Egypt’s cotton exports up nearly 37% as crop quality improves
July 6, 2018
Egypt’s cotton exports up nearly 37% as crop quality improves
Egyptian cotton production is on course to rebound with help from a devalued currency and bigger cultivation area, recovering from…
Carmaker Jaguar says ‘bad Brexit’ would mean it could not stay in UK
July 5, 2018
Carmaker Jaguar says ‘bad Brexit’ would mean it could not stay in UK
Britain’s biggest carmaker Jaguar Land Rover has joined dissenters to a “hard Brexit”, saying that Britain leaving the EU without…
China warns U.S. is ‘opening fire’ on the world with tariff threats
July 5, 2018
China warns U.S. is ‘opening fire’ on the world with tariff threats
The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying no one…
Ministry of Business Sector, EBRD discuss plans for restructure and development
July 5, 2018
Ministry of Business Sector, EBRD discuss plans for restructure and development
Minister of the Public Business Sector Hesham Tawfiq held a meeting on Thursday with Vice President of the European…
Foreign reserves rise to $44.2 bn by end of June
July 5, 2018
Foreign reserves rise to $44.2 bn by end of June
The Central Bank of Egypt (CBE)’s foreign cash reserves rose by $119 million in June to reach a total…
Gas Market Regulatory Authority backs plan to transform Egypt into regional center for gas trading
July 5, 2018
Gas Market Regulatory Authority backs plan to transform Egypt into regional center for gas trading
Petroleum Minister and Chairman of the Gas Market Regulatory Authority Tareq al-Mulla, said that the gas market regulation law backs…
China presses Europe for anti-US alliance on trade
July 4, 2018
China presses Europe for anti-US alliance on trade
China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade…
IMF hails Egypt progress in its economic reform program
July 4, 2018
IMF hails Egypt progress in its economic reform program
In its third review, the International Monetary Fund (IMF) has praised the progress Egypt made in it’s economic reforms…
IMF urges Egypt to maintain tight monetary policy to ward off inflation
July 3, 2018
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity…