Economy
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
January 22, 2019
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Over the past few years, Egypt has seen remarkable domestic demand particularly in private consumption, which estimates that the…
Egypt has the highest growth rate in MENA region: Finance Minister
January 22, 2019
Egypt has the highest growth rate in MENA region: Finance Minister
Egyptian Finance Minister Mohamed Maait said on Monday that the results of the first half of the current fiscal…
US dollar maintains stable rates against Egyptian pound
January 20, 2019
US dollar maintains stable rates against Egyptian pound
The US dollar maintained stable rates against the Egyptian pound on Sunday morning, with an average exchange rate of…
Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister
January 19, 2019
Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister
Egyptian Finance Minister Mohamed Maait said that Egypt’s biggest challenge for the coming period is to follow path of…
Economic reform program concludes in 2019: Egypt’s PM
January 13, 2019
Economic reform program concludes in 2019: Egypt’s PM
Egyptian Prime Minister Mostafa Madbouly announced on Sunday that 2019 is expected to be the final phase of the…
Egypt’s railways loses LE10 billion during 2017/2018 fiscal year: Finance Ministry
January 12, 2019
Egypt’s railways loses LE10 billion during 2017/2018 fiscal year: Finance Ministry
Head of the Final Accounts Department at the Ministry of Finance Abdel-Nabi Mansour said on Saturday that the total…
Egypt’s economy world’s 7th largest in 2030: report
January 10, 2019
Egypt’s economy world’s 7th largest in 2030: report
As part of the positive outlook for Egypt’s economy, a report by Standard Chartered Bank ranked the Egyptian economy seventh…
Govt to completely lift fuel subsidies in 2020: minister
January 8, 2019
Govt to completely lift fuel subsidies in 2020: minister
Subsidies on hydrocarbons will be completely canceled by the Egyptian government in 2020, Petroleum Minister Tarek al-Mulla said, adding that…
CBE foreign reserves decline $2bn at end of December
January 8, 2019
CBE foreign reserves decline $2bn at end of December
The foreign reserves of the Central Bank of Egypt (CBE) lost about $2 billion at the end of December. Egypt’s…
Egypt to issue commemorative coins for achievements in 2014-18
January 3, 2019
Egypt to issue commemorative coins for achievements in 2014-18
Egypt’s Prime Minister Mustafa Madbouli decided on Thursday to print 50-piaster and LE 1 commemorative coins commemorating the country’s achievements…