Economy

The Suez Canal Economic Zone (SCZone) made a net profit of LE2.13 billion in the fiscal year 2017/2018, with an…

Fitch Ratings, a globally-recognized credit rating agency, has reaffirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at “B”, while maintaining…

The Suez Canal has made revenues of US$15.8 billion – equivalent to LE219 billion – in the past three years,…

  The Executive Director of the International Monetary Fund (IMF) Hazim al-Beblawi announced on Saturday that the current fiscal year…

  Egypt’s Religious Endowments Minister Mohamad Mokhtar Gomaa held a meeting with President Abdel Fattah al-Sisi, where he discussed ways…

  Egypt’s trade exchange rate increased by 15.5 percent in the first half of 2018 compared to the same period…

Egypt’s Finance Minister Mohamed Maeet announced on Tuesday that the exchange rate of the customs dollar will continue to be…

  Egypt’s Planning Ministry says the country’s economy grew 5.3 percent in the most recent fiscal year — the highest…

  President Donald Trump on Friday hailed roaring US economic growth as a “miracle,” and said the quickest expansion in…

Cairo is ranked the most attractive city to investors in Africa, snatching the 64th position globally, in a report released by…