economy
Egypt to export SICO smartphone: Communications Minister
Science
February 21, 2018
Egypt to export SICO smartphone: Communications Minister
Minister of Communications Yasser al-Kadi affirmed on Monday that Egypt will soon begin exporting the new Egyptian-made smartphone, SICO. During…
US dollar price up on Monday
Business
February 12, 2018
US dollar price up on Monday
The US dollar price increased against the Egyptian pound with an average of US$17.58 during the bank dealings on Monday.…
Egypt’s economic structure is at a turning point: IMF director
Economy
February 5, 2018
Egypt’s economic structure is at a turning point: IMF director
Managing Director of the International Monetary Fund (IMF) Christine Lagarde said on Sunday that Egypt is currently undergoing a turning…
IMF expects no additional taxes in Egypt in 2018
Business
February 5, 2018
IMF expects no additional taxes in Egypt in 2018
IMF Director for the Middle East and Central Asia Department Jihad Azour predicts that no additional taxes will be implemented…
AUC reveals plan for a cashless community, introduces AUC Coin
Business
February 3, 2018
AUC reveals plan for a cashless community, introduces AUC Coin
The American University in Cairo (AUC) announced earlier this week it will be taking its first step to transform its…
Egypt to host first FinTech conference this week to revolutionize economy
Economy
February 3, 2018
Egypt to host first FinTech conference this week to revolutionize economy
Aiming to endorse the use of financial technology applications in Egypt for efficient and cheaper financial services, Egypt is hosting the…
Parliament gives final approval on bankruptcy law
Egypt
January 29, 2018
Parliament gives final approval on bankruptcy law
In an effort to help generate investment, Egyptian parliament reached a final approval for the new bankruptcy law on Sunday,…
UK employment surges to unexpected record high, wages edge up
World
January 24, 2018
UK employment surges to unexpected record high, wages edge up
The number of people in work in Britain surged unexpectedly in the three months to November and regular wages rose…
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
Economy
January 24, 2018
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
The growth rate of Egypt’s economy increased from 3.5 percent in the fiscal year 2015-2016 to 4.2 percent in fiscal year…
AFDB approves third $500 mln tranche in support for Egypt’s reform program
Economy
January 18, 2018
AFDB approves third $500 mln tranche in support for Egypt’s reform program
In support of the country’s effort to improve Egyptians’ quality of life, the African Development Bank approved the disbursement of…