Economy
Egypt’s telecommunications sector makes 16.4% growth in second quarter of 2018-19
February 2, 2019
Egypt’s telecommunications sector makes 16.4% growth in second quarter of 2018-19
The communications and information technology sector witnessed a growth rate of 16.4 percent during the second quarter of the…
France’s Rungis to develop Egypt’s wholesale markets
January 30, 2019
France’s Rungis to develop Egypt’s wholesale markets
Egypt’s government, represented by the Ministry of Supply and Internal Trade, signed a cooperation protocol with Rungis, the largest French…
New Suez Canal establishment costs recovered: Mamish
January 29, 2019
New Suez Canal establishment costs recovered: Mamish
The Suez Canal Authority (SCA) was able to recover the LE 20 billion cost of establishing the New Suez Canal…
US dollar price in Egypt hits lowest level in two years
January 28, 2019
US dollar price in Egypt hits lowest level in two years
The US dollar fell on Sunday during mid-day trading in Egyptian banks, hitting its lowest level in two years.…
US dollar exchange rates decline against Egyptian pound
January 27, 2019
US dollar exchange rates decline against Egyptian pound
The US dollar exchange rates declined against the Egyptian pound on Sunday morning comparing to Saturday’s exchange rates by…
Parliament committee approves gas pipeline construction between Egypt, Cyprus
January 27, 2019
Parliament committee approves gas pipeline construction between Egypt, Cyprus
The Energy and Environment Committee of the House of Representatives on Sunday approved a presidential decree on an agreement…
Suez Canal makes all-time record on Wednesday
January 23, 2019
Suez Canal makes all-time record on Wednesday
Traffic passing through Egypt’s Suez Canal on Wednesday reached an all-time record, marking the highest tonnage per day in the…
IMF lauds Egypt’s progress in economic reform program
January 23, 2019
IMF lauds Egypt’s progress in economic reform program
The First Deputy Director-General of the International Monetary Fund (IMF), David Lipton, hailed Egypt’s progress in implementing the economic reform…
CBE Governor expects fifth installment of IMF loan by the end of January
January 23, 2019
CBE Governor expects fifth installment of IMF loan by the end of January
Governor of the Central Bank of Egypt (CBE) Tariq Amer said that Egypt expects to receive its fifth IMF…
Parl’t committee objects to high prices for licensing electric cars
January 22, 2019
Parl’t committee objects to high prices for licensing electric cars
Deputy head of the Communications and Information Technology Committee at the House of Representatives Mai al-Batran on Monday submitted an…