economy
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…
Ask the President: Sisi responds to controversial questions on economy, Sinai, Red Sea islands
Egypt
April 27, 2017
Ask the President: Sisi responds to controversial questions on economy, Sinai, Red Sea islands
At the third National Youth Conference in Ismailia, President Abdel-Fattah al-Sisi answered a selection of questions submitted through a new…
Sisi says new industrial zone will be built in Ain al-Sokhna
Egypt
April 26, 2017
Sisi says new industrial zone will be built in Ain al-Sokhna
President Abdel Fattah al-Sisi said a new 200-million-square-meter industrial zone is currently being built in Ain-al Sokhna, stressing the need to…