Egypt’s economy

Egypt’s economic performance improved in 2018: minister
Economy

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

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

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

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

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

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

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

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

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

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…
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