Economy

Arab countries invest the most in Egypt, UAE comes first

Arab countries invest the most in Egypt, UAE comes first

The Central Bank of Egypt announced that Arab countries are at the forefront of nations investing with Egypt, with net…
Gold prices down LE5 in Egypt on Monday

Gold prices down LE5 in Egypt on Monday

The price of gold in Egypt recorded a new decrease of five LE in mid trading on Monday, August 15.…
LE3.5 mln in tax collected from Eid al-Adha concerts in North Coast

LE3.5 mln in tax collected from Eid al-Adha concerts in North Coast

The amusement tax collected for concerts held in El Alamein and El Dabaa in the North Coast during Eid al-Adha…
Social protection package launched to alleviate economic burdens on poor: PM

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

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

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?

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

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

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

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…
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