Business
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
January 30, 2018
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
January 30, 2018
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
January 29, 2018
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
January 29, 2018
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
January 28, 2018
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
January 25, 2018
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
January 24, 2018
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
January 24, 2018
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
January 24, 2018
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
January 23, 2018
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…