economy

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…
US pharmaceutical companies look to increase investments in Egypt
Economy

US pharmaceutical companies look to increase investments in Egypt

Representatives of US pharmaceutical companies expressed their interest in a possible increase of investments in Egypt, and praised the measures…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Economy

Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg

Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…
Egypt world’s second fastest growing tourist destination for 2017: UN World Tourism Organization
Egypt

Egypt world’s second fastest growing tourist destination for 2017: UN World Tourism Organization

The United Nations World Tourism Organization (UNWTO) released a report this week ranking Egypt’s tourism market as the second-fastest growing in…
Coming to you from Kerdasa: Egypt’s first mini-car
Features/Interviews

Coming to you from Kerdasa: Egypt’s first mini-car

In Egypt, where many suffer under economic hardship, 35-year-old entrepreneur Ahmed Saeed al-Feki has been working hard to make something…
Egypt’s SICO Technology to locally produce smartphone for the first time in November
Technology

Egypt’s SICO Technology to locally produce smartphone for the first time in November

Sico Technology, an Egyptian-based company, recently announced that it will receive equipment to produce the first Egyptian-made smartphone in November. The company, which…
Egypt increases cost of water by up to 50%
Egypt

Egypt increases cost of water by up to 50%

Egypt’s Prime Minister Sherif Ismail signed off on Wednesday to raise drinking water and sewage fees starting August by as…
Egypt Reserves Reach Record High of Over $36 Billion
Economy

Egypt Reserves Reach Record High of Over $36 Billion

Egypt’s foreign reserves reached $36.036 billion in July, a record high, which the prime minister described as “good news” as…
34% of Egyptians decreased their consumption following waves of subsidy cuts: Baseera
Features/Interviews

34% of Egyptians decreased their consumption following waves of subsidy cuts: Baseera

A poll conducted by the Egyptian Center for Public Opinion Research (Baseera) stated on Monday that 34 percent of Egyptians…
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