Economy

  The Egyptian government has set the total value of a plan to modernize the state-owned textile sector at LE24…

The Egyptian Finance Ministry is considering distributing machines to major subway stations that will convert notes into coins, and increase…

Minister of Petroleum Tariq al-Mulla met with a high-level delegation from Apache Oil Corporation, to discuss the means of developing…

  The Finance Ministry announced in a press statement on Tuesday that it is considering a new coin currency equal…

On Saturday, energy news site Oil Price named Egypt a strong contender to become a Mediterranean oil hub, due to…

  Egypt’s economy ranks 11th in the 2017-2018 Global Competitiveness Index out of 12 Arab countries with Lebanon in last place,…

  Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the unemployment rate has dropped to…

  Germany’s economy minister on Sunday lashed out at US President Donald Trump, slamming his global trade rows and efforts…

Egypt’s annual core inflation rate witnessed a decrease from 10.9 percent in June to 8.45 percent in July, according to…

Egypt’s parliament has agreed to establish a government-operated sovereign wealth fund to help boost the economy, in a move deemed…