Economy
US dollar exchange rate increases against Egypt pound
May 23, 2022
US dollar exchange rate increases against Egypt pound
The US dollar exchange rate against the Egyptian pound rose during Monday’s trading, by about 5 piasters, for the…
Egyptian gas exports to Europe range between 10% and 15%, minister
May 18, 2022
Egyptian gas exports to Europe range between 10% and 15%, minister
The Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla said on Tuesday that Egyptian gas exports to Europe range…
Egyptian private sector’s participation in utility projects won’t affect service prices: Official
May 18, 2022
Egyptian private sector’s participation in utility projects won’t affect service prices: Official
The Director of the Public Private Partnership Central Unit at the Finance Ministry Atter Hannoura announced Tuesday that the private…
After 30 years, meetings to be held in Egypt with Islamic Development Bank Group: Minister
May 17, 2022
After 30 years, meetings to be held in Egypt with Islamic Development Bank Group: Minister
The Minister of Planning and Economic Development and Governor of Egypt at the Islamic Development Bank Group, Hala al-Saeed announced…
Egypt tops African countries recipient of foreign investment for 5th year in a row
May 16, 2022
Egypt tops African countries recipient of foreign investment for 5th year in a row
Egypt remained at the forefront of foreign direct investment in Africa for the fifth year in a row in…
Egypt FM meets delegation from the US’s GreenTech Business Mission
May 15, 2022
Egypt FM meets delegation from the US’s GreenTech Business Mission
Egyptian Foreign Minister Sameh Shoukry on Sunday participated in an event held by the American Chamber of Commerce in Cairo,…
Egypt announces plan to boost economy against global crisis
May 15, 2022
Egypt announces plan to boost economy against global crisis
Egyptian Prime Minister Mostafa Madbouly announced Sunday that the government’s measures to deal with the global economic crisis include strengthening…
SCZone signs deal for $10 billion in investments to produce green fuels
May 14, 2022
SCZone signs deal for $10 billion in investments to produce green fuels
The Suez Canal Economic Zone (SCZone) has signed six memoranda of understanding for investments worth US$ 10 billion for green…
UN expresses support towards Egypt’s structural reform efforts
May 14, 2022
UN expresses support towards Egypt’s structural reform efforts
The Minister of Planning and Economic Development in Egypt, Hala al-Saeed, and the United Nations Resident Coordinator in Egypt, Elena…
The Egyptian pound records its highest price against US dollar in a month
May 12, 2022
The Egyptian pound records its highest price against US dollar in a month
On Thursday morning, the Egyptian pound recorded its highest price in a month against the US dollar, continuing to rise…