Economy
Devaluation would boost Egyptian exports by 10 percent: trade minister
September 20, 2016
Devaluation would boost Egyptian exports by 10 percent: trade minister
Egyptian exports would rise by 10 percent if and when authorities devalue the pound, Trade and Industry Minister Tarek Kabil…
Cotton exports declined by 16.5% between March to May: CAPMAS
September 20, 2016
Cotton exports declined by 16.5% between March to May: CAPMAS
The total amount of cotton exported by Egypt fell to 145.6 thousand metric quintals from March 2016 to May 2016,…
Value Added Tax rates agreed for mobile phone recharge cards
September 20, 2016
Value Added Tax rates agreed for mobile phone recharge cards
Egypt's telecoms regulatory authority has agreed on rates Value Added Tax (VAT) on mobile phone charge cards after two days…
Squash champions promote Egyptian tourism over social media
September 19, 2016
Squash champions promote Egyptian tourism over social media
International squash champions participating in the Al-Ahram Squash Open are to promote tourism in Egypt through their social media accounts…
Donkey leather to be exported to China: official
September 19, 2016
Donkey leather to be exported to China: official
Hesham Gazar, head of the Egyptian Leather Export Council, has announced that donkey leather is to be exported to China…
Hurghada hotel abiding by Islamic Sharia closes
September 19, 2016
Hurghada hotel abiding by Islamic Sharia closes
Thirty months after several senior figures in political Islam inaugurated the first hotel abiding by Islamic Sharia in Hurghada, the…
Oil climbs as Venezuela sees output deal, Libya suffers clashes
September 19, 2016
Oil climbs as Venezuela sees output deal, Libya suffers clashes
Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching an…
Qatar pulls back ahead of FTSE inclusion, UAE outperforms peers
September 19, 2016
Qatar pulls back ahead of FTSE inclusion, UAE outperforms peers
Stock markets in the Gulf diverged in early trade on Monday, with Qatar's index pulling back ahead of the inclusion…
OPEC chief: Algiers meeting not for ‘decision making’: Algerian state media
September 18, 2016
OPEC chief: Algiers meeting not for ‘decision making’: Algerian state media
OPEC Secretary-General Mohammed Barkindo said the meeting of OPEC members and non-OPEC producers in Algiers this month would be an…
Saudi pulls back as stock market re-opens after holiday
September 18, 2016
Saudi pulls back as stock market re-opens after holiday
Saudi Arabian stocks pulled back in early trade on Sunday after the bourse reopened following the Eid al-Adha break, with…