Economy

Eni sees East Med as key to diversifying Europe’s gas imports

Eni sees East Med as key to diversifying Europe’s gas imports

Gas projects in east Mediterranean countries such as Egypt, Cyprus and Israel will be key to help Europe diversify its…
US dollar prices fall on Sunday

US dollar prices fall on Sunday

The US dollar exchange rate witnessed a decline against the Egyptian pound during the bank dealings on Sunday. According to…
Egypt signs 3rd tranche of budget support loan with African Development Bank

Egypt signs 3rd tranche of budget support loan with African Development Bank

Egypt Minister of Investment and International Cooperation Sahar Nasr on Sunday signed third and final tranche budget support loan worth…
US dollar maintains prices on Sunday

US dollar maintains prices on Sunday

The US dollar exchange rate maintained its prices against the Egyptian pound in the bank dealings on Sunday. According to…
IMF advises Egypt to remove remaining fuel subsidies

IMF advises Egypt to remove remaining fuel subsidies

In the International Monetary Fund’s (IMF) latest Regional Economic Outlook on Egypt that was released on Tuesday, the international lender…
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF

Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF

The growth rate of Egypt’s economy increased from 3.5 percent in the fiscal year 2015-2016 to 4.2 percent in fiscal year…
US dollar prices witness relative stability on Tuesday

US dollar prices witness relative stability on Tuesday

The US dollar exchange rate witnessed relative stability against the Egyptian pound during the bank dealings on Tuesday. According to…
US dollar records fluctuating prices on Monday

US dollar records fluctuating prices on Monday

The US dollar witnessed fluctuating exchange rates against the Egyptian Pound during the banking dealings on Monday. According to the…
Dollar wallows near three-year lows on US government shutdown

Dollar wallows near three-year lows on US government shutdown

The dollar was pinned near a three-year low on Monday as a US government shutdown encouraged investors to add to…
US dollar exchange rate maintains prices against Egypt pound

US dollar exchange rate maintains prices against Egypt pound

US dollar exchange rates witnessed relative stability against the Egyptian pound during banking dealings on Sunday. According to the latest…
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