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Beblawy to visit UAE to discuss bilateral relations

Beblawy to visit UAE to discuss bilateral relations

Prime Minister Hazem al-Beblawy will head to the United Arab Emirates (UAE) on Friday, part of a three-day visit to…
IMF ready to help Egypt overcome economic hardships

IMF ready to help Egypt overcome economic hardships

Olga Stankova, IMF spokesperson, said the fund is ready to cooperate with Egyptian authorities to help Egypt overcome its economic…
Saudi to send $400 million in petroleum aid to Egypt next month

Saudi to send $400 million in petroleum aid to Egypt next month

Saudi Arabia is sending $400 million worth of fuel to Egypt in November, Tariq Al-Mulla, CEO of the Egyptian General Petroleum…
Vegetables prices hike despite government instructions

Vegetables prices hike despite government instructions

Hussein al-Sibaei, head of the Obour Market, said the the prices of vegetables increased significantly in retail markets on Monday,…
Cairo to host the third Euro-Mediterranean Conference of funding

Cairo to host the third Euro-Mediterranean Conference of funding

Cairo will host the third Euro-Mediterranean Conference for funding on 9 February, according to a statement on Monday by the head…
Tourism minister says he has great hope sector will recover in months

Tourism minister says he has great hope sector will recover in months

Tourism Minister Hisham Zaazou expressed great hope that the tourism sector would recover in few months and overcome losses that…
Gold sales continue to decline despite low prices

Gold sales continue to decline despite low prices

Gold prices continued to decline for the third day in a row. The 24 carat price scored LE293.70 on Friday,…
Egypt’s economic competitiveness plunges to new lows

Egypt’s economic competitiveness plunges to new lows

Political instability has caused Egypt’s economic competitiveness to tumble from 107th to 118th out of 148 countries, according to Global…
IMF official says committed to supporting Egypt during interim period

IMF official says committed to supporting Egypt during interim period

Massoud Ahmed, director of the International Monetary Fund (IMF)'s Middle East and Central Asia department, said the fund is committed…
Interim president appoints deputy governor of Central Bank of Egypt

Interim president appoints deputy governor of Central Bank of Egypt

Interim President Adly Mansour issued a presidential decree appointing Nedal al-Qassem Mohamed Assr as deputy governor of the Central Bank…
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