Economy
Egypt exports to EU up by 21% in 2017, minister
April 20, 2018
Egypt exports to EU up by 21% in 2017, minister
Egypt’s Trade and Industry Minister Tareq Qabil said on Friday that Egyptian commodity exports to the European Union (EU) market…
Egypt committed to economic reform and would increase taxes: MInister
April 20, 2018
Egypt committed to economic reform and would increase taxes: MInister
Egypt’s Finance Minister Amr al-Garhy continued his activity in the US capital Washington, where he participated in some important meetings…
$2.5 bn worth of trade between Egypt, France in 2016/17
April 20, 2018
$2.5 bn worth of trade between Egypt, France in 2016/17
Trade between Egypt and France reached a value of $2.5 billion in the fiscal year 2016/17, announced the manager…
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
April 19, 2018
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Egypt’s Minister of Planning Hala al-Saeed said that the government aims to reach growth rate of 5.9% in 2019. Saeed…
$15 billion worth of EU investments in Egypt: official
April 19, 2018
$15 billion worth of EU investments in Egypt: official
Head of Egypt’s General Authority for Investment and Free Zones (GAFI) Mona Zobaa said that investments from European Union (EU)…
Egypt signs USD$8.1 mn urban development deal with Switzerland to fund ‘Hayyena’ project
April 19, 2018
Egypt signs USD$8.1 mn urban development deal with Switzerland to fund ‘Hayyena’ project
Minister of Housing Mostafa Madbouly signed on Wednesday a USD $8.1 million deal with Paul Garnier, the Swiss ambassador to Cairo, …
Egypt to receive $2 bn from IMF after 3rd review in May: minister
April 19, 2018
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Egypt’s Finance Minister Amr al-Garhy said on Wednesday that the review of the International Monetary Fund’s (IMF) third installment to…
Egypt’s economic growth to reach 5.2% in 2018: IMF
April 18, 2018
Egypt’s economic growth to reach 5.2% in 2018: IMF
The International Monetary Fund (IMF) expects economic growth in Egypt to reach 5.2 percent in 2018 and 5.5 percent in 2019,…
US dollar prices slightly increase on Monday
April 16, 2018
US dollar prices slightly increase on Monday
The US dollar exchange rate witnessed a slight increase against the Egyptian pound reaching an average of LE17.58 during the banking dealing…
Egypt selling bonds worth 2 billion euros
April 11, 2018
Egypt selling bonds worth 2 billion euros
Egypt is selling international bonds valued at 2 billion euros through two tranches, with maturities of eight and 12 years…