Egypt

Sisi directs to develop investment activities in SCZone

Sisi directs to develop investment activities in SCZone

President Abdel Fattah al-Sisi directed to develop investment activities in the Suez Canal Economic Zone (SCZone). The president ordered the…
Inflows from foreign investors into Egyptian market hit $925 mln – CBE

Inflows from foreign investors into Egyptian market hit $925 mln – CBE

Egypt’s central bank said on Monday that the foreign exchange market had reacted positively to the latest depreciation of the…
Bakeries across Egypt to offer subsidized bread for non-holders of ration cards

Bakeries across Egypt to offer subsidized bread for non-holders of ration cards

Bakeries will issue subsidized bread with the same specifications of bread that is issued for ration card holders for citizens…
Cairo International Book Fair allows sale of books in installments

Cairo International Book Fair allows sale of books in installments

  The Egyptian Publishers Association has agreed with Banque Misr to provide the service of selling books in installments during…
Egyptian MP submits urgent interpolation to PM die to lack of government awareness

Egyptian MP submits urgent interpolation to PM die to lack of government awareness

Egyptian Parliament member Abdel-Moneim Emam objected to approving a loan agreement between Egypt and the African Development Bank within the…
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program

IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program

The International Monetary Fund said that the expected proceeds from the ongoing state asset divestment program amount to $2.5 billion…
Egypt’s US dollar exchange rate to ease further in the coming weeks: Economist

Egypt’s US dollar exchange rate to ease further in the coming weeks: Economist

Professor of Finance and Investment Hisham Ibrahim said that the stability of the US dollar price came after the release…
IMF asks Egypt to limit army’s interference in the economy

IMF asks Egypt to limit army’s interference in the economy

The International Monetary Fund asked Egypt to reduce the army’s interference in the economy, according to a rescue plan agreed…
New cruise line launched from Russia’s Sochi port to Egypt

New cruise line launched from Russia’s Sochi port to Egypt

Russia’s Sochi Port Manager Yuri Vladimirov announced the launch of a new cruise line from Sochi to Egypt. This will…
Shoukry holds talks with visiting Chinese FM

Shoukry holds talks with visiting Chinese FM

Foreign Minister Sameh Shoukry had talks on Sunday with his Chinese counterpart Qin Gang, currently visiting here. The meeting tackled…
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