economy
US dollar exchange rate in Egypt continues to decline
Economy
February 17, 2019
US dollar exchange rate in Egypt continues to decline
On Sunday, the US dollar prices saw a drop of 3 piasters compared to the Egyptian pound. In the National…
Central Bank of Egypt reduces deposit, lending rates by 1 percent
Economy
February 17, 2019
Central Bank of Egypt reduces deposit, lending rates by 1 percent
The Central Bank of Egypt (CBE) on Thursday unexpectedly reduced the deposit rate, overnight lending rate, and the rate of main…
Egypt plans to make New Administrative Capital its first cashless city
Egypt
February 16, 2019
Egypt plans to make New Administrative Capital its first cashless city
Egypt’s Minister of Communications and Information Technology Amr Talaat met with MasterCard Vice Chairman and President Michael Froman on Friday…
US team in Beijing for trade talks after IMF ‘storm’ warning
World
February 11, 2019
US team in Beijing for trade talks after IMF ‘storm’ warning
US negotiators met with their Chinese counterparts in Beijing Monday for a new round of high-stakes trade talks, hoping to…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Economy
February 11, 2019
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
Ebadi urges weakening Iran rulers on revolution anniversary
Middle East
February 8, 2019
Ebadi urges weakening Iran rulers on revolution anniversary
PARIS/LONDON (Reuters) – Iranian Nobel Peace Prize winner Shirin Ebadi said she first had doubts about the 1979 Islamic Revolution…
Pakistan starts behind-scenes aid to US-Taliban talks
Middle East
February 8, 2019
Pakistan starts behind-scenes aid to US-Taliban talks
WASHINGTON/PESHAWAR, Pakistan (Reuters) – Pakistan, long at odds with the United States over the war in Afghanistan, has begun to…
‘Haunted’ Saudi antiquities site tries to woo visitors
Travel
February 5, 2019
‘Haunted’ Saudi antiquities site tries to woo visitors
AL ULA, Saudi Arabia (Reuters) – In a remote northern corner of Saudi Arabia sit the relics of an ancient…
New Lebanese government to prepare statement on policy goals
Middle East
February 2, 2019
New Lebanese government to prepare statement on policy goals
BEIRUT (Reuters) – Lebanon’s new government will start preparing its policy statement on Monday, it said on Saturday, as…
Egypt’s telecommunications sector makes 16.4% growth in second quarter of 2018-19
Business
February 2, 2019
Egypt’s telecommunications sector makes 16.4% growth in second quarter of 2018-19
The communications and information technology sector witnessed a growth rate of 16.4 percent during the second quarter of the…