economy
Egypt paid $30 billion in loans during 2017: Finance Ministry
Business
June 25, 2018
Egypt paid $30 billion in loans during 2017: Finance Ministry
Egypt’s Finance Ministry said on Sunday that the country has paid $30 billion in 2017 in bonds and external…
Egypt inflation rate in May increased by 0.3 %
Economy
June 10, 2018
Egypt inflation rate in May increased by 0.3 %
The inflation rate in May increased by 0.3% compared to the previous month, reaching 274.7 points from 273.9, according…
Egypt’s foreign currency reserve increased by $106 million in May
Economy
June 5, 2018
Egypt’s foreign currency reserve increased by $106 million in May
The Central Bank of Egypt (CBE) announced on Monday that the net foreign reserve increased to $44.139 billion at…
Egypt to have world’s third economic growth in 2026: Harvard report
Economy
May 8, 2018
Egypt to have world’s third economic growth in 2026: Harvard report
The Harvard Center for International Development forcasted that Egypt will be the third country that will achieve highest growth rates…
Egypt’s public debts rise fivefold over past five years
Economy
May 8, 2018
Egypt’s public debts rise fivefold over past five years
Minister of Finance Amr al-Garhi stated on Sunday that the Egyptian government is working on a medium-term plan to cut…
Egypt to focus on tourism development projects along “untapped” coastlines: Minister
Life & Style
April 29, 2018
Egypt to focus on tourism development projects along “untapped” coastlines: Minister
Egypt will be offering international investors the opportunity to develop sustainable cities along the Red Sea and its Mediterranean coasts,…
Bitcoin frenzy settles down as big players muscle into market
Business
April 28, 2018
Bitcoin frenzy settles down as big players muscle into market
After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a…
Egypt’s foreign direct investment rises 15%: Nasr to Bloomberg
Egypt
April 26, 2018
Egypt’s foreign direct investment rises 15%: Nasr to Bloomberg
Egypt’s Investment Minister Sahar Nasr told Bloomberg in a video interview aired Wednesday that the focus of the investment side…
Egypt announces new strategy to double number of e-commerce businesses by 2020
Business
April 21, 2018
Egypt announces new strategy to double number of e-commerce businesses by 2020
In further aims to expand the country’s e-commerce sector, Egypt revealed a plan to double the number of businesses selling products…
$2.5 bn worth of trade between Egypt, France in 2016/17
Economy
April 20, 2018
$2.5 bn worth of trade between Egypt, France in 2016/17
Trade between Egypt and France reached a value of $2.5 billion in the fiscal year 2016/17, announced the manager…