Economy
Egypt launches new program to stimulate exports: Prime Minister
September 17, 2019
Egypt launches new program to stimulate exports: Prime Minister
Egyptian Prime Minister Mostafa Madbouly on Monday announced the launching of a new program to stimulate exports, alongside the commencement…
Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS
September 11, 2019
Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS
Egypt’s inflation rate recorded 11.5 percent in January-August 2019, compared to the same period in 2018, while prices of food…
Egypt to issue international bonds and diversify currency to hedge against risks
September 9, 2019
Egypt to issue international bonds and diversify currency to hedge against risks
Egyptian Finance Minister Mohamed Maait announced on Monday that his country intends to issue international bonds worth between US$3-7 billion…
General Federation of Poultry suspends poultry imports
September 6, 2019
General Federation of Poultry suspends poultry imports
The General Federation of Poultry (GFP) producers announced on Friday morning a decision to suspend the import of poultry and…
Turkey’s Erdogan says plans 5% growth rate in 2020
September 5, 2019
Turkey’s Erdogan says plans 5% growth rate in 2020
ISTANBUL (Reuters) – President Tayyip Erdogan said Turkey would plan for economic growth of 5% in 2020 and expected interest…
Syrian pound falls to record low as economy hit by sanctions: dealers
September 5, 2019
Syrian pound falls to record low as economy hit by sanctions: dealers
BEIRUT (Reuters) – The Syrian pound fell to a record low on the black market, driven down by lack of…
Egypt’s foreign reserves increase to $44.969 bn: CBE
September 4, 2019
Egypt’s foreign reserves increase to $44.969 bn: CBE
Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
September 4, 2019
Lebanon PM says accelerating reforms to rein in public debt: CNBC
BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…
Lebanese officials declare state of economic emergency
September 3, 2019
Lebanese officials declare state of economic emergency
BEIRUT (AP) — Lebanon’s political leaders declared what they called an economic state of emergency Monday following a meeting aimed…
Egypt’s Ministry of Finance frees customs dollar exchange rate
September 2, 2019
Egypt’s Ministry of Finance frees customs dollar exchange rate
Egypt’s Ministry of Finance has freed the customs exchange price of the dollar on all kinds of imports subject to…