Economy

Egypt ready to provide economic reform experience to Africa: Minister

Egypt ready to provide economic reform experience to Africa: Minister

Egypt’s Finance Minister Mohamed Maait announced Tuesday that his country is ready to provide its pioneer experience in economic financial…
US dollar exchange rate continues to decline in Egypt

US dollar exchange rate continues to decline in Egypt

The US dollar exchange rate continued its decline against the Egyptian pound on Wednesday morning for the third day in…
Business Insider: Egypt is Africa’s fiercest tech platform, but entrepreneurs face 2 major challenges in the field

Business Insider: Egypt is Africa’s fiercest tech platform, but entrepreneurs face 2 major challenges in the field

The American newspaper Business Insider identified Egypt as the hottest African tech scene while underscoring two major obstacles faced by…
US dollar makes record decrease against Egyptian pound

US dollar makes record decrease against Egyptian pound

The US dollar exchange rate witnessed a record decrease, the lowest in 2 years, on Monday against the Egyptian pound,…
Egypt’s parliament approves bill on cashless payment

Egypt’s parliament approves bill on cashless payment

The House of Representatives approved on Monday a joint report of the Economic Affairs Committee, the Plan and Budget Committee,…
Egypt has undergone “difficult surgery” for economic reform: Finance Minister

Egypt has undergone “difficult surgery” for economic reform: Finance Minister

The state has undergone a very difficult surgery to conduct it’s economic reform, leading to success in all sectors, Finance…
Egypt’s urban inflation jumps to 14.4 pct in Feb

Egypt’s urban inflation jumps to 14.4 pct in Feb

CAIRO, March 10 (Reuters) – Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent…
Egypt, DEA sign $20m agreement for Gulf of Suez exploration

Egypt, DEA sign $20m agreement for Gulf of Suez exploration

Egypt’s Minister of Petroleum and Mineral Wealth Tarek El-Molla signed a new agreement on Thursday with the German Oil Company…
OECD cuts global growth forecast over trade, Brexit uncertainty

OECD cuts global growth forecast over trade, Brexit uncertainty

Trade tensions and political uncertainty including Brexit are weighing on the world’s economy, the OECD warned Wednesday as it again…
US ends preferential trade deals with India, Turkey

US ends preferential trade deals with India, Turkey

ANKARA, Turkey (AP) — Turkey and India reacted with a mix of anger and resignation Tuesday at the United States’…
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