Economy
Egypt the biggest hotspot for billionaires in 2019: Business Insider
April 24, 2019
Egypt the biggest hotspot for billionaires in 2019: Business Insider
Egypt topped the list made by Original Travel agency of the hottest 15 destinations for billionaires in 2019, according to…
US dollar exchange rate continues decline in Egypt
April 22, 2019
US dollar exchange rate continues decline in Egypt
US dollar prices have slightly declined against the Egyptian pound by an average of two piasters in several banks on…
PepsiCo Egypt to increase investments by US$500 mn
April 21, 2019
PepsiCo Egypt to increase investments by US$500 mn
Chairman and CEO of PepsiCo Egypt Mohamed Shelbaya said that his company intends to pump US$500 million into increasing production…
Egypt seeks 6% growth rate during upcoming fiscal year, Minister
April 20, 2019
Egypt seeks 6% growth rate during upcoming fiscal year, Minister
Finance Minister Mohamed Maait said on Saturday that Egypt’s fiscal policy aims to raise economic growth rates to 6 percent…
Egypt receives second shipment of Iraqi crude oil
April 17, 2019
Egypt receives second shipment of Iraqi crude oil
Egypt has received the second shipment of crude oil from Iraq after renewing the supply contract with Iraqi national company…
Egypt’s Cabinet denies economic crisis caused by IMF conditions
April 16, 2019
Egypt’s Cabinet denies economic crisis caused by IMF conditions
The Egyptian Cabinet’s media center denied rumors on social media that Egypt is undergoing a severe economic crisis thanks to…
Egypt imposes temporary protection fees on iron imports
April 16, 2019
Egypt imposes temporary protection fees on iron imports
The Egyptian Finance Ministry said on Monday that it has begun collecting temporary protection fees on Egypt’s steel imports in…
Egypt sets plan set to reduce public debt-to-GDP: Minister
April 14, 2019
Egypt sets plan set to reduce public debt-to-GDP: Minister
Egypt’s Minister of Finance Mohammed Maait said that the government has been working on reducing the public debt-to-Growth Domestic Product…
World Bank’s newest President looks forward to working with Sisi
April 13, 2019
World Bank’s newest President looks forward to working with Sisi
The newest President of the World Bank Group, David Malpass, announced that he is looking forward to working with President…
The world’s middle class is shrinking
April 11, 2019
The world’s middle class is shrinking
New York (CNN Business)–America’s middle class families aren’t the only ones having a tough time these days. Middle-income households are…