economy
China’s Xi outlines plans for wide cooperation in trade plan
Business
May 16, 2017
China’s Xi outlines plans for wide cooperation in trade plan
Chinese President Xi Jinping expressed ambitious hopes for Asian and European governments to work more closely on finance, law enforcement…
Syrian refugees contributed over $800 mln to Egypt’s economy: UNDP report
Egypt
May 15, 2017
Syrian refugees contributed over $800 mln to Egypt’s economy: UNDP report
The United Nations Development Program recently published a report titled “Jobs make the difference” which indicates that Syrian refugees residing…
Egypt says IMF praises reform program after delegation visit
Egypt
May 14, 2017
Egypt says IMF praises reform program after delegation visit
The International Monetary Fund’s mission concluded its visit to Cairo on Sunday during which the Fund conducted the first review…
Bloomberg says foreign currency crisis starting to ease
Business
May 11, 2017
Bloomberg says foreign currency crisis starting to ease
Bloomberg said the lifting of restrictions imposed on the customers’ credit card purchases overseas is an indication that the foreign currency crisis…
Cost of electricity production doubled after currency flotation: sources
Egypt
May 9, 2017
Cost of electricity production doubled after currency flotation: sources
Officials in the Electricity Ministry said the average cost of electricity production doubled, from 46 piasters to more than 90…
US dollar bond yields jump in Egypt: Bloomberg
Business
May 8, 2017
US dollar bond yields jump in Egypt: Bloomberg
The US dollar bond yields in Egypt have jumped this year, causing the cost of borrowing to reach its lowest…
Egypt plans new Eurobond issue end May or early June: Finance minister
Business
May 8, 2017
Egypt plans new Eurobond issue end May or early June: Finance minister
Egypt plans to issue a new Eurobond at the end of May or start of June, Finance Minister Amr El…
Lufthansa increases Egypt flights to 33 a week, up from 29: country manager
Economy
May 8, 2017
Lufthansa increases Egypt flights to 33 a week, up from 29: country manager
Lufthansa has decided to increase the number of flights from Egypt to German cities to 33 flights a week, up…
Debating Egypt’s Nationality Law: Invest in Egypt, become an Egyptian
Egypt
May 3, 2017
Debating Egypt’s Nationality Law: Invest in Egypt, become an Egyptian
The new bill to amend the Nationality Law, recently approved by the parliamentary National Defense and Security Committee, which would…
Australian couple’s ‘Walk Like an Egyptian’ video shows country’s iconic destinations
Life & Style
May 3, 2017
Australian couple’s ‘Walk Like an Egyptian’ video shows country’s iconic destinations
An Australian couple’s holiday video "Walk Like an Egyptian" went viral on social media in the past few weeks; the…