economy
US dollar prices slightly increase on Monday
Economy
April 16, 2018
US dollar prices slightly increase on Monday
The US dollar exchange rate witnessed a slight increase against the Egyptian pound reaching an average of LE17.58 during the banking dealing…
Thomas Cook’s summer bookings to Egypt from UK, Germany up 40% y-o-y
Travel
April 16, 2018
Thomas Cook’s summer bookings to Egypt from UK, Germany up 40% y-o-y
Thomas Cook’s summer bookings for Egypt from the UK and Germany are up 40 percent year-on-year, according to Moody Shair,…
Egypt’s annual urban inflation falls to 13.3% in March
Economy
April 10, 2018
Egypt’s annual urban inflation falls to 13.3% in March
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decrease in the annual urban consumer price inflation by…
Egypt’s net foreign reserves rise to $42.611 bn in March
Economy
April 2, 2018
Egypt’s net foreign reserves rise to $42.611 bn in March
Egypt’s net foreign reserves rose slightly to US$42.611 billion at the end of March, from $42.524 billion at the end…
Draft budget expects 5.8% growth rate, decreased budget deficit
Economy
March 29, 2018
Draft budget expects 5.8% growth rate, decreased budget deficit
Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a Cabinet…
British tourism in Egypt to be revived in 2018: reports
Egypt
March 28, 2018
British tourism in Egypt to be revived in 2018: reports
After a significant decrease of the influx of British tourists to Egypt in recent years, international travel agencies have forecasted…
Egypt aims at 5.8% GDP growth in 2018/19 budget
Economy
March 24, 2018
Egypt aims at 5.8% GDP growth in 2018/19 budget
Egypt’s cabinet approved this week the state’s budget for the 2018/2019 fiscal year, which aims to reach a GDP growth target…
Egypt to launch new tourism promotion campaign on National Geographic in April
Egypt
March 22, 2018
Egypt to launch new tourism promotion campaign on National Geographic in April
Egypt will be investing more in tourism promotion as it is set to launch a new three-month promotional campaign in…
In a televised interview, Sisi highlights challenges, receives citizens’ concerns
Egypt
March 21, 2018
In a televised interview, Sisi highlights challenges, receives citizens’ concerns
In his first interview dedicated to Egyptian media outlets after declaring his intention to run for the 2018 Egyptian presidential…
Uber and Careem will continue offering their service in Egypt: Statement
Egypt
March 21, 2018
Uber and Careem will continue offering their service in Egypt: Statement
Ride-hailing apps Uber and Careem issued statements affirming that they will resume their services in Egypt and will appeal against…