Economy
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…
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS
April 10, 2019
Egypt’s annual inflation rate reaches 13.8% in March: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced an 0.9 percent increase in Egypt’s inflation rate in March…
Tourism growth rate reached 16.5% during 2018: Minister
April 9, 2019
Tourism growth rate reached 16.5% during 2018: Minister
Egyptian Tourism Minister Rania al-Mashat said on Monday that the World Travel and Tourism Council (WTTC) conducted a study revealing…
Highlights of the 17th edition of the world Economic Forum
April 8, 2019
Highlights of the 17th edition of the world Economic Forum
The World Economic Forum in the Middle East and North Africa took place at Jordan’s Dead Sea on April 6…
Egypt’s Finance Ministry starts implementing digital transformation program
April 7, 2019
Egypt’s Finance Ministry starts implementing digital transformation program
The Ministry of Finance began implementing President Abdel Fattah al-Sisi’s instruction to begin the digital transformation of the state, by…
Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt
April 6, 2019
Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt
Minister of Investment and International Cooperation Sahar Nasr held talks on Saturday with president of the European Bank for Reconstruction…
IMF praises Egypt’s economic reform program, says all targets achieved
April 6, 2019
IMF praises Egypt’s economic reform program, says all targets achieved
The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egyptian Stock market gains LE66.8 bn in first quarter of 2019
April 1, 2019
Egyptian Stock market gains LE66.8 bn in first quarter of 2019
The Egyptian Stock Exchange gained LE66.8 billion in market capitalization during the first quarter of 2019. The total market value…
CBE receives requests from major international banks to operate in Egypt
March 30, 2019
CBE receives requests from major international banks to operate in Egypt
The Central Bank of Egypt (CBE) has received requests from major international banks recently for new licenses to operate in…
Egyptian cabinet approves state budget for 2019/2020
March 27, 2019
Egyptian cabinet approves state budget for 2019/2020
The Egyptian cabinet approved on Wednesday the proposed state budget for fiscal year 2019/2020 as part of preparations to send…