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Dollar stabilizes against Egyptian pound

Dollar stabilizes against Egyptian pound

The US dollar has stabilized against the Egyptian pound after rising by LE0.10 last month. The selling rate for the…
Survey: Meat consumption falls 21% since February

Survey: Meat consumption falls 21% since February

A recent survey conducted by Cabinet's Information and Decision Support Center revealed that red meat consumption in Egypt had fallen…
Egypt to build oil refinery worth US$2bn

Egypt to build oil refinery worth US$2bn

The Egyptian General Petroleum Corporation (EGPC) has signed a memorandum of understanding with a consortium of Chinese companies to build…
Stock market dips 2.3%

Stock market dips 2.3%

Egypt's main stock index lost 2.3 percent yesterday as a result of intensive selling on the part of foreign and…
Auto industry makes tentative recovery

Auto industry makes tentative recovery

The local automobile market began to pick up in the past few weeks after being badly bruised by the global…
Cabinet releases March economy figures

Cabinet releases March economy figures

In its latest monthly report, Cabinet's Information and Decision Support Center reported a handful of new economic figures.The report notes…
Egyptian industrial incentives package finalized

Egyptian industrial incentives package finalized

The Ministry of Trade and Industry began intensive negotiations with the Ministry of Finance to approve an estimated budget that…
Decreased demand for Egyptian labor

Decreased demand for Egyptian labor

The monthly report of the Cabinet Information and Decision Support Center said demand for Egyptian labor abroad dropped by 18.9…
Local steel, aluminum and copper companies increase sales

Local steel, aluminum and copper companies increase sales

Sales of local steel, aluminum and copper products have increased on the market despite the problem of rising global prices…
Unemployment at 9.4%, says CAPMAS

Unemployment at 9.4%, says CAPMAS

At a press conference on Thursday, government statistics agency CAPMAS revealed that there were some 2.3 million unemployed people in…
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