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Germany eases travel ban to Egypt

Germany eases travel ban to Egypt

Germany has eased its travel ban to Egypt, advising its citizens to exercise caution when traveling to Egypt, particularly in…
Stock market shares gains LE1.9 billion

Stock market shares gains LE1.9 billion

  The stock market's benchmark index EGX-30 rose by 0.59 percent reaching 5680.65 points. The small and medium-sized index EGX70 increased…
Stock market hits highest level in seven months

Stock market hits highest level in seven months

The Egyptian stock exchange continued to gain at the close of Monday’s trading session, supported by purchases of Egyptian investors…
Wheat stocks to reach three million tonnes by October: source

Wheat stocks to reach three million tonnes by October: source

Official sources from Egypt's Agriculture Ministry said wheat stocks now stand at more than 2,562,000 tonnes with the number expected…
Tourism Minister to ask France, Germany to lift travel bans to Egypt

Tourism Minister to ask France, Germany to lift travel bans to Egypt

Mahfouz Ali, first deputy tourism minister, said Tourism Minister Hesham Zazou will ask Germany and France to lift travel bans…
Low turnout on food supply despite new school year, commerce chambers say

Low turnout on food supply despite new school year, commerce chambers say

Egypt has witnessed a low turnout on food supply in retail chains and cooperatives, despite the beginning of the new…
Finance minister: Minimum wage rate could have unintended consequences

Finance minister: Minimum wage rate could have unintended consequences

The new minimum wage increase announced by the Prime Minister Hazem al-Beblawy would require raising taxes and could cause unintended consequences to…
Businessmen organizations frown upon minimum wage decision

Businessmen organizations frown upon minimum wage decision

Businessmen organizations said that the decision to implement the minimum wage came as a surprise and that the current economic…
Egypt returns $2 bln to Qatar after talks to securitize it fail

Egypt returns $2 bln to Qatar after talks to securitize it fail

Egypt has returned to Qatar US$2 billion that the Gulf state had deposited with Egypt’s central bank, after negotiations to…
PM sets new minimum wage for governmentt employees at LE1200

PM sets new minimum wage for governmentt employees at LE1200

Prime Minister Hazem al-Beblawy said that the government has decided to set the minimum wage for government sector workers at…
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