economy

ENPPI would be first company to go on IPOs program
Egypt

ENPPI would be first company to go on IPOs program

The Egyptian government is in meetings on Tuesday to discuss the details of putting ENPPI company up for an initial…
Suez Canal revenues up by 5.1% in a year to August
Egypt

Suez Canal revenues up by 5.1% in a year to August

Head of the General Authority for the Suez Canal Economic Zone (SCZone) Mohab Mamish said Thursday that the global trade…
US dollar price stable on Wednesday trading
Egypt

US dollar price stable on Wednesday trading

The US dollar exchange rate was stable against the Egyptian pound at the beginning of Wednesday morning trading at banks…
Egypt to build first industrial city, stretching over 33mm square meters
Egypt

Egypt to build first industrial city, stretching over 33mm square meters

Egypt singed an agreement with Singapore on Tuesday to establish the first industrial city, located north of Fayoum governorate, stretching over…
Egypt’s trade deficit drops by 50.4% in June
Business

Egypt’s trade deficit drops by 50.4% in June

Egypt’s trade deficit dropped to $1.82 billion during June, compared to $3.66 billion during the same month of last year,…
Egypt’s central bank considers obligating banks to classify loans and deposits by gender
Economy

Egypt’s central bank considers obligating banks to classify loans and deposits by gender

Egypt’s central bank is considering requiring banks to report the breakdown of their loan and deposit figures according to the…
Informal economy in Egypt contributes to about 40% of GDP: Minister
Economy

Informal economy in Egypt contributes to about 40% of GDP: Minister

Minister of Planning and Administrative Development Hala al-Saeed said Thursday that the informal sector in the Egyptian economy contributes to…
MP suggests draft law to grant women immediate alimony from state banks
Features/Interviews

MP suggests draft law to grant women immediate alimony from state banks

Parliamentarian Shokry al Gendy, from the Religious Affairs Committee, has suggested amending Egypt’s personal status law to grant women the right to alimony from state…
Egypt participates in WTO Competition for 2017 Best Promotional Video
Life & Style

Egypt participates in WTO Competition for 2017 Best Promotional Video

Egypt is participating in the World Tourism Organization competition for the 2017 best promotional video, with its latest promotion video…
Egypt Central Bank, no intention to pass digital currency trading legislation
Economy

Egypt Central Bank, no intention to pass digital currency trading legislation

Egypt’s central bank said it has no intention of issuing legislation or passing a special law that allows the trading…
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