Economy

COVID-19 made pharmaceutical industry in Africa a continental priority: Egypt minister

COVID-19 made pharmaceutical industry in Africa a continental priority: Egypt minister

Egyptian Finance Minister Mohamed Maait said on Saturday that the coronavirus pandemic has made the pharmaceutical industry in Africa a…
Egypt Stock Exchange worst performance in Arab region during 1st quarter of 2022

Egypt Stock Exchange worst performance in Arab region during 1st quarter of 2022

The Financial Supervisory Authority revealed that the Egyptian Stock Exchange was the worst performing among the stock exchanges in the…
Sovereign Fund of Egypt to cooperate with Islamic Development Bank in upcoming projects

Sovereign Fund of Egypt to cooperate with Islamic Development Bank in upcoming projects

The President of the Islamic Development Bank Group Mohamed Al-Jasser praised Egypt’s experience in establishing the Sovereign Fund of Egypt…
World Bank raises forecast for growth of Egypt economy to 6.1% in 2022 

World Bank raises forecast for growth of Egypt economy to 6.1% in 2022 

The World Bank on Tuesday raised its forecast for the growth of the Egyptian economy during 2022 to 6.1 percent,…
Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE

Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE

The Central Bank of Egypt (CBE) said that the foreign currency reserves reached about US$35.495 billion at the end of…
Egyptian government signs agreements to support exports

Egyptian government signs agreements to support exports

Egypt’s government signed some action programs, documents and memoranda of understanding with international institutions to support exports and enhance the…
Egypt’s Investment Authority signs MoU with Polish Agency for Investment and Trade

Egypt’s Investment Authority signs MoU with Polish Agency for Investment and Trade

The General Authority for Investment and Free Zones in Egypt and the Polish Agency for Investment and Trade in Poland…
Egypt, Jordan and UAE sign document for Integrated Industrial Partnership

Egypt, Jordan and UAE sign document for Integrated Industrial Partnership

Egypt, the UAE and Jordan signed on Sunday signed a document to launch the “Integrative Industrial Partnership for Sustainable Economic…
Trade exchange between Egypt and UAE amounted to US$ 3.6 billion in 2021, Minister

Trade exchange between Egypt and UAE amounted to US$ 3.6 billion in 2021, Minister

The Egyptian Minister of Trade and Industry, Nevine Gamea, said that the volume of trade exchange between Egypt and the…
Egypt’s economy is expected to grow by 6.2% during 2021-2022 fiscal year, PM

Egypt’s economy is expected to grow by 6.2% during 2021-2022 fiscal year, PM

Egyptian Prime Minister Mostafa Madbouly said on Saturday that Egypt’s economy is expected to grow by 6.2 percent during the…
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