Egypt’s economy
Egypt’s economic performance improved in 2018: minister
Economy
December 10, 2018
Egypt’s economic performance improved in 2018: minister
Minister of Finance Mohammed Maait announced on Sunday that Egypt’s economic performance improved in 2018, adding that the government…
Egypt’s governmental reforms bring economic stability: IFC chief
Economy
December 8, 2018
Egypt’s governmental reforms bring economic stability: IFC chief
The International Finance Corporation’s (IFC) Chief Executive Officer Philippe Le Houérou announced on Saturday that government reforms introduced by…
Egypt’s headline inflation surges to 17.7% in October
Business
November 11, 2018
Egypt’s headline inflation surges to 17.7% in October
Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official…
Egypt looks to tap Asian debt markets under debt restructuring
Business
October 13, 2018
Egypt looks to tap Asian debt markets under debt restructuring
Egypt is considering issuing bonds in currencies other than the euro and the US dollar after launching a roadshow…
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
Business
October 10, 2018
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the annual inflation rate declined to…
Egypt’s economy one of the strongest in the Middle East: IMF
Economy
September 24, 2018
Egypt’s economy one of the strongest in the Middle East: IMF
International Monetary Fund (IMF) Director Christine Lagarde announced that Egypt’s economy has become one of the highest growing economies…
Egypt’s foreign currency reserve rose to US $44.41 billion in August: CBE
Economy
September 5, 2018
Egypt’s foreign currency reserve rose to US $44.41 billion in August: CBE
The Central Bank of Egypt (CBE) announced on Wednesday that Egypt’s foreign currency reserves rose to US $44.41 billion…
Egypt exports increase by 14% in the first half of 2018
Business
August 4, 2018
Egypt exports increase by 14% in the first half of 2018
Egypt’s trade exchange rate increased by 15.5 percent in the first half of 2018 compared to the same period…
Another billion cubic feet of gas from Zohr field by the end of 2018: minister
Economy
May 30, 2018
Another billion cubic feet of gas from Zohr field by the end of 2018: minister
The Egyptian Petroleum Ministry is currently accelerating development for the Zohr natural gas field’s production in order to reach…
US dollar exchange rate stable during Sunday trading
Economy
October 22, 2017
US dollar exchange rate stable during Sunday trading
The US dollar exchange rate was stable against the Egyptian pound at the beginning of Sunday morning trading within Egypt…