Economy

First 9 months of 2021 saw 42% increase in Egyptian exports of engineering industries: Minister

First 9 months of 2021 saw 42% increase in Egyptian exports of engineering industries: Minister

Minister of Trade and Industry, Nevin Gamea, said that exports of engineering goods achieved an increase of 42 percent during…
Egypt hosts 21st COMESA summit in the New Administrative Capital

Egypt hosts 21st COMESA summit in the New Administrative Capital

Egyptian Minister of Trade and Industry Nevine Gamea held a meeting with the Secretary-General of the Common Market for Eastern…
First French-run model wholesale market launches in Egypt soon: Official

First French-run model wholesale market launches in Egypt soon: Official

The Assistant Minister of Supply and Internal Trade in Egypt announced Wednesday that the Egyptian market will soon witness the…
Egypt’s GDP expected to grow 5.4% in 2022: Arab Monetary Fund

Egypt’s GDP expected to grow 5.4% in 2022: Arab Monetary Fund

The Cabinet’s Information and Decision Support Center (IDSC) issued a statement on the 15th edition of the Arab Economic Outlook…
Egypt’s Sisi holds economic talks in Paris with Macron, French ministers

Egypt’s Sisi holds economic talks in Paris with Macron, French ministers

Egyptian President Abdel Fattah al-Sisi held talks at the Elysee Palace in Paris on Friday with French President Emmanuel Macron.…
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…
Egypt’s monorail: A silver lining for economic prosperity

Egypt’s monorail: A silver lining for economic prosperity

In October, Egypt has installed the first monorail at the East Nile track in front of the Al-Massa Hotel at…
Sokhna port receives 1st cruise ship since COVID-19 outbreak

Sokhna port receives 1st cruise ship since COVID-19 outbreak

DP World Sokhna, the operator of Ain Sokhna port in the Red Sea, received the first cruise ship since the…
Egypt’s exports to EU up to 4.1 billion Euros within 8 months

Egypt’s exports to EU up to 4.1 billion Euros within 8 months

Egyptian non-oil exports to the European Union witnessed a significant growth during the first eight months of 2021, reaching  4.1…
Egypt increases transit fees in Suez Canal by 6% for all ships in 2022

Egypt increases transit fees in Suez Canal by 6% for all ships in 2022

  The Suez Canal Authority decided to increase transit fees for ships by 6 percent in 2022 compared to 2021…
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