Economy
Social protection package launched to alleviate economic burdens on poor: PM
August 10, 2022
Social protection package launched to alleviate economic burdens on poor: PM
President Abdel Fattah al-Sisi has instructed the launch of a social protection package, with the aim of alleviating the economic…
Egypt’s foreign currency reserves fall to a record level
August 8, 2022
Egypt’s foreign currency reserves fall to a record level
The Central Bank of Egypt revealed that net foreign currency reserves initially reached US$33.14 billion at the end of July…
Suez Canal sets a new record, announces SCA head
August 6, 2022
Suez Canal sets a new record, announces SCA head
The head of the Suez Canal Authority Osama Rabie announced that navigation movement in the canal recorded on Saturday the…
Can the crypto plane take off?
August 4, 2022
Can the crypto plane take off?
The world’s top cryptocurrency, Bitcoin, experienced a 15% rally from the beginning of July through to the 24th of the…
Egypt’s agricultural exports rise to $ 2.47 billion in 10 months
July 31, 2022
Egypt’s agricultural exports rise to $ 2.47 billion in 10 months
The Agriculture Export Council said on Sunday that Egypt’s exports of agricultural crops increased the September 2021 to June 2022…
Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months
July 31, 2022
Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months
Remittances of Egyptians working abroad from July 2021 to May 2022 reached about US$ 29.1 billion, an increase of 2.1…
IMF expects Egypt to achieve 4th highest growth rate among global economies
July 31, 2022
IMF expects Egypt to achieve 4th highest growth rate among global economies
The Egyptian Cabinet’s Media Center said on Sunday that the International Monetary Fund expects Egypt to achieve the fourth highest…
Alibaba stock jumps after announcing Hong Kong primary listing
July 26, 2022
Alibaba stock jumps after announcing Hong Kong primary listing
New York (CNN Business) – Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock.…
We want more direct investments from Europe, Egypt FM
July 24, 2022
We want more direct investments from Europe, Egypt FM
Egyptian Foreign Minister Sameh Shoukry said that his country wants more direct investments from Europe. Shoukry’s remarks came during an…
Global wheat prices fell by 20% after the grain export agreement
July 24, 2022
Global wheat prices fell by 20% after the grain export agreement
Wheat prices fell on global stock exchanges by more than 20 percent on Saturday after Ukraine and Russia signed two…