Business
Egypt says non-oil exports increase 15 percent in Q1 of 2018, trade volume grows
April 27, 2018
Egypt says non-oil exports increase 15 percent in Q1 of 2018, trade volume grows
Egypt said on Friday its non-oil exports for the first quarter of 2018 had increased by 15 percent compared with…
Eni keeps production targets as higher oil prices boost profits
April 27, 2018
Eni keeps production targets as higher oil prices boost profits
Italian oil major Eni (ENI.MI) on Friday reported a 31 percent rise in first-quarter profits, boosted by higher oil prices…
Egypt’s rice farmers see rough times downstream of new Nile mega-dam
April 26, 2018
Egypt’s rice farmers see rough times downstream of new Nile mega-dam
Rice farmers in Kafr Ziada village in the Nile River Delta have ignored planting restrictions aimed at conserving water for…
Egypt signs agreement with Arab Fund to develop electricity grid
April 24, 2018
Egypt signs agreement with Arab Fund to develop electricity grid
Egypt signed an agreement with the Arab Fund for Economic and Social Development on Tuesday to develop the electricity transmission…
Egypt, OFID sign $53.2mn irrigation project agreement
April 23, 2018
Egypt, OFID sign $53.2mn irrigation project agreement
Minister of Investment and International Cooperation Sahar Nasr and Chairman of the OPEC Fund of International Development (OFID) Suleiman al-Herbish…
World Bank applauds Sisi’s efforts to tackle Egypt’s economic woes
April 23, 2018
World Bank applauds Sisi’s efforts to tackle Egypt’s economic woes
President of the World Bank group Jim Yong Kim praised the “economic success” that he said Egypt has achieved and applauded…
US dollar maintains exchange rates on Monday
April 23, 2018
US dollar maintains exchange rates on Monday
The US dollar maintained stable exchange rates in all banks on Monday, with an average price of LE17.58 in the…
Egypt announces new strategy to double number of e-commerce businesses by 2020
April 21, 2018
Egypt announces new strategy to double number of e-commerce businesses by 2020
In further aims to expand the country’s e-commerce sector, Egypt revealed a plan to double the number of businesses selling products…
Egypt exports to EU up by 21% in 2017, minister
April 20, 2018
Egypt exports to EU up by 21% in 2017, minister
Egypt’s Trade and Industry Minister Tareq Qabil said on Friday that Egyptian commodity exports to the European Union (EU) market…
Egypt committed to economic reform and would increase taxes: MInister
April 20, 2018
Egypt committed to economic reform and would increase taxes: MInister
Egypt’s Finance Minister Amr al-Garhy continued his activity in the US capital Washington, where he participated in some important meetings…