Economy
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
November 11, 2019
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
Egypt’s annual rate of inflation increased to 2.7 percent in October up from 2.6 percent in September, The Central Bank of…
Egypt’s HCMLT to soon contract global consultant for restructuring
November 11, 2019
Egypt’s HCMLT to soon contract global consultant for restructuring
The Holding Company for Maritime and Land Transport (HCMLT) will soon seal a contract with an international consultancy office that…
Egyptian agriculture sector investments at LE42.1 billion during 2019/20: Minister
November 9, 2019
Egyptian agriculture sector investments at LE42.1 billion during 2019/20: Minister
Egyptian Minister of Planning, Follow-up and Administrative Reform Hala al-Saeed announced on Saturday that the investments targeted for the agricultural…
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
November 9, 2019
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Saturday that the annual rate of Egypt’s inflation declined…
Net foreign reserves rise to US$45.247 bn in October
November 7, 2019
Net foreign reserves rise to US$45.247 bn in October
The value of Egypt’s net foreign reserves rose to US$45.247 billion in October from $45.118 billion in September, the Central…
Foreign currencies vary against Egyptian Pound
November 6, 2019
Foreign currencies vary against Egyptian Pound
Prices for the US dollar and several other currencies varied against the Egyptian pound in several banks, the Central Bank…
Remittances increase 5.5% in 12 months: CBE
November 4, 2019
Remittances increase 5.5% in 12 months: CBE
The Central Bank of Egypt (CBE) stated on Monday that the remittances of Egyptian workers abroad in the months July…
Egypt’s poverty rate rises to 5% in 2019: World Bank official
November 3, 2019
Egypt’s poverty rate rises to 5% in 2019: World Bank official
The World Bank Group’s Senior Vice President for the 2030 Development Agenda, Mahmoud Mohieldin, said that Egypt’s poverty rate increased to five percent…
Egypt signs agreement with South Sudan for cooperation in oil and gas field
October 30, 2019
Egypt signs agreement with South Sudan for cooperation in oil and gas field
Egypt signed a Memorandum of Understanding with South Sudan on Tuesday for cooperation in the field of oil and gas…
Sisi requests tighter market control on goods
October 30, 2019
Sisi requests tighter market control on goods
President Abdel Fattah al-Sisi requested on Tuesday tighter market control over outlets in Egyptian governorates to ensure the availability of…