Business
Self-sufficiency rates of wheat, meat, rice decline: CAPMAS
January 21, 2018
Self-sufficiency rates of wheat, meat, rice decline: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) stated on Sunday that Egypt’s self-sufficiency rate of wheat went down…
US dollar declines slightly against Egyptian pound
January 18, 2018
US dollar declines slightly against Egyptian pound
The US dollar exchange rates witnessed slight decline against the Egyptian pound during dealings on Thursday. According to the last…
AFDB approves third $500 mln tranche in support for Egypt’s reform program
January 18, 2018
AFDB approves third $500 mln tranche in support for Egypt’s reform program
In support of the country’s effort to improve Egyptians’ quality of life, the African Development Bank approved the disbursement of…
Zimbabwe president says his nation is ‘open for business’ ahead of Davos
January 18, 2018
Zimbabwe president says his nation is ‘open for business’ ahead of Davos
Zimbabwe is “open for business” and foreign investment in the southern African country is safe, President Emmerson Mnangagwa said on…
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
January 17, 2018
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
Fitch Ratings Inc., one of the three biggest credit rating agencies in the world, raised Egypt’s long-term Foreign-Currency Issuer Default…
External debt is $79 bn, says Finance Minister after financial outlook improves
January 17, 2018
External debt is $79 bn, says Finance Minister after financial outlook improves
Minister of Finance Amr al-Jarhi stated on Tuesday that Egypt’s external debt stood at $79 billion at the end of…
Bitcoin value continues to fall after several countries warn against it
January 17, 2018
Bitcoin value continues to fall after several countries warn against it
The electronic currency Bitcoin continued on Wednesday to fall, completing a 24-hour downward spiral, with about 7 percent of its…
French business creation surges as Macron promises ‘start-up nation’
January 16, 2018
French business creation surges as Macron promises ‘start-up nation’
French entrepreneurs set up new companies in the fourth quarter at the fastest pace since 2010, as new business creations…
Egypt to participate in Spain’s International Tourism Trade Fair this Wednesday
January 15, 2018
Egypt to participate in Spain’s International Tourism Trade Fair this Wednesday
Egypt will be participating in the International Tourism Trade Fair (FITUR) in Madrid from January 17 to January 21 to…
US dollar maintains stable rates against Egyptian Pound
January 15, 2018
US dollar maintains stable rates against Egyptian Pound
The US dollar maintained stable rates against the Egyptian pound on Monday. The dollar settled at LE 17.65 for purchase and LE…