Egypt economy
US dollar maintains stable rates against Egyptian pound
Business
January 20, 2019
US dollar maintains stable rates against Egyptian pound
The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of…
Egypt to conclude economic reform program by 2019: IMF official
Business
August 5, 2018
Egypt to conclude economic reform program by 2019: IMF official
The Executive Director of the International Monetary Fund (IMF) Hazim al-Beblawi announced on Saturday that the current fiscal year…
IDSC denies plans to increase electricity prices
Economy
July 21, 2018
IDSC denies plans to increase electricity prices
Egypt’s Cabinet Information and Decision Support Centre (IDSC) denied social media rumors that the Egyptian government will increase electricity prices. In…
IMF continues to praise Egypt’s economic reforms in its third review
Economy
July 13, 2018
IMF continues to praise Egypt’s economic reforms in its third review
The International Monetary Fund (IMF) praised Egypt’s economic reforms during its third review of the country’s loan program on Thursday,…
IMF hails Egypt progress in its economic reform program
Business
July 4, 2018
IMF hails Egypt progress in its economic reform program
In its third review, the International Monetary Fund (IMF) has praised the progress Egypt made in it’s economic reforms…
Egypt govt to review new ‘social protection’ package
Economy
March 25, 2018
Egypt govt to review new ‘social protection’ package
Minister of Finance Amr al-Garhy stated on Sunday that the government will send the state budget to President Abdel Fattah…
Consumer Protection Agency accuses iron and steel factories of violating market competition laws
Business
March 21, 2018
Consumer Protection Agency accuses iron and steel factories of violating market competition laws
Egypt’s Consumer Protection Agency (CPA) referred all iron and steel factories operating in the local market to the Egyptian Competition…
Egypt govt seeks to reduce budget deficit to 9.5%
Economy
March 11, 2018
Egypt govt seeks to reduce budget deficit to 9.5%
Egyptian presidential spokesperson Bassam Rady said on Saturday that the government aims to reduce the total budget deficit to about…
Pro-government media host detained for insulting police
Egypt
March 4, 2018
Pro-government media host detained for insulting police
The Cairo prosecution office on Saturday ordered TV host Khairy Ramadan to be detained for 24 hours pending investigations by…
Fluctuating dollar price against Egyptian pound on Sunday
Business
February 18, 2018
Fluctuating dollar price against Egyptian pound on Sunday
US dollar prices fluctuated against the Egyptian pound during the bank dealings on Monday, with the price averaging LE17.60 to the…