Economy

Arab Contractors wins best contracting company in Uganda

Arab Contractors wins best contracting company in Uganda

Uganda Vice President Edward Ssekandi awarded leading Egyptian construction company Arab Contractors the prize for best contracting company of 2018…
Egypt’s 2018 exports see 11.5% increase: CAPMAS

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…
Egypt signs ‘Yaoundé Declaration’ for financial transparency

Egypt signs ‘Yaoundé Declaration’ for financial transparency

Egypt signed the “Yaoundé Declaration” during the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information…
Company profits in Egypt surge to pre-pound flotation rates: Bloomberg

Company profits in Egypt surge to pre-pound flotation rates: Bloomberg

Profits recorded by Egyptian companies have returned to pre-November 2016 rates, when the Egyptian pound was floated, according to a…
Photos: South Korean president opens ASEAN summit

Photos: South Korean president opens ASEAN summit

South Korean President Moon Jae-in on Tuesday opened the ASEAN summit, aimed at improving economic cooperation which has risen nearly…
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office

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…
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21

Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21

Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expects the Egyptian economy to…
Egypt’s tourism sector witnesses notable jump in revenues

Egypt’s tourism sector witnesses notable jump in revenues

An official source from The Central Bank of Egypt (CBE) said on Thursday that tourism sector revenues have increased by…
Egypt’s central bank makes third straight cut to interest rates

Egypt’s central bank makes third straight cut to interest rates

Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…
UAE, Egypt launch $20 billion investment platform: Abu Dhabi crown prince

UAE, Egypt launch $20 billion investment platform: Abu Dhabi crown prince

The United Arab Emirates and Egypt have launched a $20 billion investment platform for economic and social projects, the crown…
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