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Egypt sees growth for FY 2018-19 at 5.8 percent -minister

Egypt sees growth for FY 2018-19 at 5.8 percent -minister

Egypt is targeting economic growth of 5.8 percent in the financial year that will begin in July, Planning Minister Hala…
Eni sees East Med as key to diversifying Europe’s gas imports

Eni sees East Med as key to diversifying Europe’s gas imports

Gas projects in east Mediterranean countries such as Egypt, Cyprus and Israel will be key to help Europe diversify its…
US dollar prices fall on Sunday

US dollar prices fall on Sunday

The US dollar exchange rate witnessed a decline against the Egyptian pound during the bank dealings on Sunday. According to…
Egypt signs 3rd tranche of budget support loan with African Development Bank

Egypt signs 3rd tranche of budget support loan with African Development Bank

Egypt Minister of Investment and International Cooperation Sahar Nasr on Sunday signed third and final tranche budget support loan worth…
US dollar maintains prices on Sunday

US dollar maintains prices on Sunday

The US dollar exchange rate maintained its prices against the Egyptian pound in the bank dealings on Sunday. According to…
US dollar falls to 3-year low as world leaders visit Davos

US dollar falls to 3-year low as world leaders visit Davos

The US dollar fell to a three-year low on Wednesday after Treasury Secretary Steven Mnuchin praised the devaluation of the…
Egypt exports to US increase by 17.5% in 2017

Egypt exports to US increase by 17.5% in 2017

The Minister of Trade and Industry Tareq Qabil announced that non-oil exports to the US market witnessed a significant growth…
IMF advises Egypt to remove remaining fuel subsidies

IMF advises Egypt to remove remaining fuel subsidies

In the International Monetary Fund’s (IMF) latest Regional Economic Outlook on Egypt that was released on Tuesday, the international lender…
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF

Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF

The growth rate of Egypt’s economy increased from 3.5 percent in the fiscal year 2015-2016 to 4.2 percent in fiscal year…
US dollar prices witness relative stability on Tuesday

US dollar prices witness relative stability on Tuesday

The US dollar exchange rate witnessed relative stability against the Egyptian pound during the bank dealings on Tuesday. According to…
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