Egypt economy
Sisi holds meeting with journalists on economy, regional issues
Egypt
December 26, 2019
Sisi holds meeting with journalists on economy, regional issues
Egyptian President Abdel Fattah al-Sisi met with a number of newspaper editors and media personalities on the sidelines of the…
US dollar exchange rate in Egypt declines under LE16 mark
Business
December 17, 2019
US dollar exchange rate in Egypt declines under LE16 mark
The US dollar exchange rate made a new record decline against the Egyptian pound, falling below the LE16 mark for…
Egypt’s inflation rate hits 2.7%: CAPMAS
Business
December 11, 2019
Egypt’s inflation rate hits 2.7%: CAPMAS
Egypt’s annual inflation rate has hit 2.7 percent this month, up from 2.4 percent in October and compared to 15.6…
Egypt’s non-oil private sector shrinks to slowest in over two years: PMI
Business
December 3, 2019
Egypt’s non-oil private sector shrinks to slowest in over two years: PMI
CAIRO (Reuters) — Activity in Egypt’s non-oil private sector contracted in November for the fourth consecutive month, falling to its…
Egypt’s 2018 exports see 11.5% increase: CAPMAS
Business
November 30, 2019
Egypt’s 2018 exports see 11.5% increase: CAPMAS
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Saturday that the total exports during 2018 increased to…
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Business
November 26, 2019
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Egyptian President Abdel Fattah al-Sisi has renewed Tarek Amer’s term as governor of the Central Bank of Egypt (CBE), al-Borsa newspaper reported…
Egypt’s economy seen growing 5.5 pct in year to end of June
Business
May 2, 2019
Egypt’s economy seen growing 5.5 pct in year to end of June
CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
Egypt’s unemployment rate falls to 8.9%: CAPMAS
Egypt
February 15, 2019
Egypt’s unemployment rate falls to 8.9%: CAPMAS
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) on Friday reported that the unemployment rate fell to 8.9 percent…
Egypt inflation rate in January saw increase by 0.8%: CAPMAS
Business
February 10, 2019
Egypt inflation rate in January saw increase by 0.8%: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced Sunday that the inflation rate in January increased…
IMF lauds Egypt’s progress in economic reform program
Business
January 23, 2019
IMF lauds Egypt’s progress in economic reform program
The First Deputy Director-General of the International Monetary Fund (IMF), David Lipton, hailed Egypt’s progress in implementing the economic reform…