business

Egypt launches official website for ‘Africa 2019’ investment forum
Business

Egypt launches official website for ‘Africa 2019’ investment forum

Egypt’s Ministry of Investment and International Cooperation on Sunday launched the official website for the “Africa 2019” forum, under the…
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business

Egypt sees lower budget deficit, higher primary surplus in FY 2019/20

CAIRO, Sept 3 (Reuters) – Egypt is targeting a budget deficit of 7.2 percent this fiscal year, the finance minister…
Egypt’s external debt increases to US$106 billion: CBE
Business

Egypt’s external debt increases to US$106 billion: CBE

The Central Bank of Egypt (CBE) stated on Tuesday that Egypt’s external debt increased by 10 percent to total US$106…
Equities, yuan plunge as Trump escalates trade war with China
World

Equities, yuan plunge as Trump escalates trade war with China

Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his…
Egypt’s PM, US Chamber of Commerce discuss promoting trade relations
Business

Egypt’s PM, US Chamber of Commerce discuss promoting trade relations

Egyptian Prime Minister Mostafa Madbouly met on Tuesday with the executive vice president and head of International Affairs at the…
Egypt, EBRD discuss further investments in transport sector
Business

Egypt, EBRD discuss further investments in transport sector

Minister of Investment and International Cooperation Sahar Nasr met on Friday with the President of the European Bank for Reconstruction…
China to export 50 electric buses to Egypt in December
Business

China to export 50 electric buses to Egypt in December

The head of the Tanks Production and Repair Company (Military Factory 200) Yousry al-Nemr announced on Monday that the Military…
Egypt, Hungary’s Tungsram to cooperate in LED light production
Business

Egypt, Hungary’s Tungsram to cooperate in LED light production

Chairman of the Arab Organization for Industrialization (AOI) in Egypt, Abdel Moneim al-Tarras, held talks on Friday with the CEO…
Businesses clamor for Trump’s ear as $300 bn in new China tariffs loom
World

Businesses clamor for Trump’s ear as $300 bn in new China tariffs loom

Washington is planning another tidal wave of tariffs on Chinese imports that represent a worst-case scenario for markets and major…
Egyptian businessmen to visit Estonia and Latvia in June
Business

Egyptian businessmen to visit Estonia and Latvia in June

The Seventh Trade Mission, organized by the Egyptian Council for International Cooperation, will launch in Estonia and Latvia in the…
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