Economy

Egypt’s exports of agricultural products up to 4.4mn tons: report

Egypt’s exports of agricultural products up to 4.4mn tons: report

Egypt has exported 4.4 million tons of agricultural products in the period from January-November 2018, an increase of 316,652 tons…
Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE

Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE

  The Central Bank of Egypt (CBE) announced on Monday that Egypt’s foreign currency reserves rose by US$42 million in October…
Egypt jumps 8 ranks in Doing Business 2019 report

Egypt jumps 8 ranks in Doing Business 2019 report

The World Bank and the International Finance Corporation (IFC) have announced that Egypt has jumped eight ranks in the Doing…
Egyptian MPs prepare draft law for progressive taxes on income

Egyptian MPs prepare draft law for progressive taxes on income

  Parliament member Mostafa Bakry, of the Legislative Committee of the House of Representatives, said that he and MP Mervat…
World’s first specialized free zone for textile industry underway in Minya

World’s first specialized free zone for textile industry underway in Minya

The first specialized free zone for the textile industry in the world is underway in Minya Governorate on an area…
Egypt’s public debt reaches LE3.695 trillion: CBE

Egypt’s public debt reaches LE3.695 trillion: CBE

  The Central Bank of Egypt (CBE) announced Thursday that national public debt has reached LE3.695 trillion at the end…
China leads the way as world’s billionaires get richer

China leads the way as world’s billionaires get richer

  China produced two new billionaires a week last year as the fortunes of the world’s ultra-rich soared by a…
Government to exempt EU cars from customs taxes in January: Ministry

Government to exempt EU cars from customs taxes in January: Ministry

Deputy Minister of Finance for Customs Affairs Magdy Abdel Aziz said on Tuesday that the government would exempt European cars…
Egypt, France enter top-level negotiations on car investment

Egypt, France enter top-level negotiations on car investment

Head of the Commercial Office in the Egyptian Embassy in France Gamal Faisal said on Monday that Egypt has made…
Egypt on the right track, Finance Minister says before meeting IMF mission

Egypt on the right track, Finance Minister says before meeting IMF mission

  Egyptian Finance Minister Mohamed Maait said on Saturday that he would hold a meeting later this week with the…
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