Economy

Egypt’s Sisi, China’s Xi Jinping hold economic talks in Beijing

Egypt’s Sisi, China’s Xi Jinping hold economic talks in Beijing

Egyptian President Abdel Fattah al-Sisi held summit talks with Chinese President Xi Jinping on Saturday morning at the Great Hall…
Suez Canal sets a new record revenues during January

Suez Canal sets a new record revenues during January

The head of the Suez Canal Authority Osama Rabie, announced on Tuesday that the navigation movement in the vital waterway…
Egypt seeks to establish drug factory in Senegal

Egypt seeks to establish drug factory in Senegal

The President of the Egyptian Export Council of Medical Industries (ECMI), Majed George, held talks with Senegalese President Macky Sall…
Thursday’s US dollar to Egyptian pound exchange rates

Thursday’s US dollar to Egyptian pound exchange rates

US dollar exchange rate is stable on Thursday in several Egyptian banks. The prices of the US dollar witnessed remarkable…
Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months

Remittances from Egyptians abroad have risen to US$ 26.4 billion in 10 months

Remittances from Egyptians working abroad during the first ten months of 2021 reached about US$26.4 billion, an increase of about…
Egyptian exports achieve highest level ever during 2021

Egyptian exports achieve highest level ever during 2021

Minister of Trade and Industry Nevine Gamea announced on Wednesday that Egyptian non-oil exports amounted to US$32.128 billion for the…
Japanese companies to inject new investments into Egypt, ambassador

Japanese companies to inject new investments into Egypt, ambassador

The new Japanese ambassador to Cairo, Oka Hiroshi, said that there are new Japanese companies that have decided to pump…
MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy

MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy

Under secretary of the Senate’s Irrigation and Agriculture Committee, Gamal Aboul-Fotouh said on Monday that the success of the economic…
South Korea president visits Egypt on Wednesday to discuss business opportunities

South Korea president visits Egypt on Wednesday to discuss business opportunities

South Korean President Moon Jae-in will arrive in Cairo on Wednesday to hold talks with Egypt on renewable industries such…
Italy’s Eni announces 5 exploration licenses in Egypt’s Eastern Mediterranean

Italy’s Eni announces 5 exploration licenses in Egypt’s Eastern Mediterranean

The Italian company Eni announced that on Monday that it won five new exploration licenses obtained from the Egyptian Ministry…
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