Business
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…
Microsoft could lose big if it curbs sales in Russia: minister
January 23, 2018
Microsoft could lose big if it curbs sales in Russia: minister
Microsoft could lose billions of dollars if it chooses to restrict its Russian clients due to sanctions, Russian communications minister…
50 Turkish, Qatari investors to participate in Egypt Investment Forum
January 23, 2018
50 Turkish, Qatari investors to participate in Egypt Investment Forum
The Federation of Egyptian Chambers of Commerce (FEDCOC) said Monday that a delegation of 50 investors from Turkey and Qatar…
US dollar records fluctuating prices on Monday
January 22, 2018
US dollar records fluctuating prices on Monday
The US dollar witnessed fluctuating exchange rates against the Egyptian Pound during the banking dealings on Monday. According to the…
Dollar wallows near three-year lows on US government shutdown
January 22, 2018
Dollar wallows near three-year lows on US government shutdown
The dollar was pinned near a three-year low on Monday as a US government shutdown encouraged investors to add to…
US dollar exchange rate maintains prices against Egypt pound
January 21, 2018
US dollar exchange rate maintains prices against Egypt pound
US dollar exchange rates witnessed relative stability against the Egyptian pound during banking dealings on Sunday. According to the latest…