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Egyptian natural gas exports rise by 26%

Egyptian natural gas exports rise by 26%

Egyptian exports of natural gas and its derivatives rose by 26.1 percent in January, the cabinet’s Information and Decision Support…
Petroleum Ministry plan to import oil products costs US$1.1bn a month

Petroleum Ministry plan to import oil products costs US$1.1bn a month

The General Petroleum Authority has submitted a plan to Finance Ministry for May and June including the allocations needed for…
Foreign reserves fall to US$15 billion

Foreign reserves fall to US$15 billion

Egypt's net foreign reserves fell to US$15.12 billion at the end of March from $15.72 billion a month earlier, the…
Egyptian delegation flies to Israel to discuss Qualifying Industrial Zones

Egyptian delegation flies to Israel to discuss Qualifying Industrial Zones

An Egyptian trade delegation left for Israel Sunday to discuss solutions to problems facing the two countries' Qualifying Industrial Zones…
Govt starts negotiations with 30 banks to reopen 1,750 factories

Govt starts negotiations with 30 banks to reopen 1,750 factories

The Foreign Trade and Industry Ministry announced on Friday the formation of a "working group" comprised of representatives of the…
Permanent appointment of temporary laborers costs LE3 billion, says finance minister

Permanent appointment of temporary laborers costs LE3 billion, says finance minister

Finance Minister Momtaz al-Saeed told Parliament’s Budget and Planning Committee on Thursday that devising permanent contracts for 400,000 temporary workers…
Czech delegation to visit Egypt next week

Czech delegation to visit Egypt next week

A high-level delegation from the Czech Republic, including the foreign minister and 15 heads of leading companies, will visit Cairo…
Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact

Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact

The People’s Assembly Economic Affairs Committee has agreed to uphold all existing contracts governing Saudi Arabia’s US$27 billion in Egyptian…
Government to import 120,000 tons of wheat

Government to import 120,000 tons of wheat

The government on Wednesday signed a contract with the United States and Argentina to import 120,000 tons of wheat to…
Paper: Egypt army sees further drop in FX reserves

Paper: Egypt army sees further drop in FX reserves

CAIRO - Egypt's foreign reserves are expected to fall by more than US$5 billion to $10.4 billion by the end…
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