Economy
Coronavirus fears drive gold prices up in Egypt, 21k gold at LE697
February 19, 2020
Coronavirus fears drive gold prices up in Egypt, 21k gold at LE697
The price of gold has risen in the Egyptian market during the past couple of days by about LE13, a…
Egypt tops most important Middle East economy growth rates in 2018-2019: Cabinet
February 18, 2020
Egypt tops most important Middle East economy growth rates in 2018-2019: Cabinet
Egypt has topped the list of economic growth rates for the most important economies of the Middle East region in…
Three Egyptian companies win tender for Dabaa nuclear plant
February 17, 2020
Three Egyptian companies win tender for Dabaa nuclear plant
Atomstroyexport, a subsidiary of Russia’s state-owned Rosatom, announced on Sunday that three Egyptian contracting companies won a tender offer for…
Egypt’s economy achieves highest growth rate in 11 years: Cabinet
February 15, 2020
Egypt’s economy achieves highest growth rate in 11 years: Cabinet
The Egyptian economy has achieved its highest growth rate in 11 years, according to a statement on Sunday by the…
IMF recommends ‘economic program’ to develop Egypt’s private sector
February 15, 2020
IMF recommends ‘economic program’ to develop Egypt’s private sector
The International Monetary Fund (IMF) recommended that Egypt needs a new package of reforms geared towards supporting and developing its…
Egypt govt mulls cooperation with private sector to desalinate sea water
February 15, 2020
Egypt govt mulls cooperation with private sector to desalinate sea water
Housing Minister Assem al-Gazzar on Friday announced that his ministry is contemplating cooperation with the private sector in seawater desalination…
Egypt fifth country globally in terms of economic growth: Finance Ministry
February 12, 2020
Egypt fifth country globally in terms of economic growth: Finance Ministry
Egypt was ranked fifth globally in terms of economic growth, with the country recording an economic growth rate of 5.6…
Egypt’s annual inflation rate down to 6.8 percent: CAPMAS
February 11, 2020
Egypt’s annual inflation rate down to 6.8 percent: CAPMAS
Egypt’s annual inflation rate fell to 6.8 percent in January 2020, compared to 12.2 percent in January 2019, according to…
Egyptian pound strengthens to three-year high
February 11, 2020
Egyptian pound strengthens to three-year high
CAIRO, Feb 10 (Reuters) – The Egyptian pound gained on Monday to its strongest against the dollar since the week…
Egypt non-oil private sector shrinks faster in January: PMI
February 4, 2020
Egypt non-oil private sector shrinks faster in January: PMI
CAIRO (Reuters) – Non-oil private economic activity in Egypt contracted at the quickest rate in almost three years in January…