Business
Mercedes-Benz resumes assembly line in Egypt
September 17, 2017
Mercedes-Benz resumes assembly line in Egypt
Chairman of Suez Canal Authority, Mohab Mamish, announced on Friday that the Suez Canal Economic Zone (SC Zone) delegation made…
US dollar exchange rates witness slight decline
September 17, 2017
US dollar exchange rates witness slight decline
US Dollar exchange rates declined against the Egyptian pound during banking dealings on Sunday. According to the last price update,…
Waymo seeks delay in self-driving trade secret trial against Uber
September 17, 2017
Waymo seeks delay in self-driving trade secret trial against Uber
Alphabet’s Waymo self-driving car unit said critical new evidence it recently obtained in a trade secret lawsuit against Uber means…
US dollar to reach EGP 20 in 2019: CNN
September 15, 2017
US dollar to reach EGP 20 in 2019: CNN
A recent report by CNN Arabia raised two questions: Has the Egyptian pound recovered? Has the Egyptian government succeeded in…
Egypt’s central bank considers obligating banks to classify loans and deposits by gender
September 15, 2017
Egypt’s central bank considers obligating banks to classify loans and deposits by gender
Egypt’s central bank is considering requiring banks to report the breakdown of their loan and deposit figures according to the…
Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17
September 15, 2017
Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17
Egypt’s budget deficit for the first nine months of the 2016-17 fiscal year ending in June dipped to 8 percent…
Informal economy in Egypt contributes to about 40% of GDP: Minister
September 14, 2017
Informal economy in Egypt contributes to about 40% of GDP: Minister
Minister of Planning and Administrative Development Hala al-Saeed said Thursday that the informal sector in the Egyptian economy contributes to…
Growth rate in last quarter of fiscal year 2016/2017 reached 5%: minister
September 13, 2017
Growth rate in last quarter of fiscal year 2016/2017 reached 5%: minister
The growth rate in the last quarter of the fiscal year 2016/2017 reached 5 percent, stimulated by the growth of…
Global policy forum kicks off Tuesday in Sharm El-Sheikh amid tight security
September 12, 2017
Global policy forum kicks off Tuesday in Sharm El-Sheikh amid tight security
Tight security measures were imposed in Sharm El-Sheikh city between the airport and the Conference Hall, where the Financial Inclusion…
Annual inflation rate hits 33.2% in August: CAPMAS
September 11, 2017
Annual inflation rate hits 33.2% in August: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Monday that annual inflation rates receded to 33.2 percent…