economy
Ask the President: Sisi responds to controversial questions on economy, Sinai, Red Sea islands
Egypt
April 27, 2017
Ask the President: Sisi responds to controversial questions on economy, Sinai, Red Sea islands
At the third National Youth Conference in Ismailia, President Abdel-Fattah al-Sisi answered a selection of questions submitted through a new…
Sisi says new industrial zone will be built in Ain al-Sokhna
Egypt
April 26, 2017
Sisi says new industrial zone will be built in Ain al-Sokhna
President Abdel Fattah al-Sisi said a new 200-million-square-meter industrial zone is currently being built in Ain-al Sokhna, stressing the need to…
Egypt ranks 3rd most attractive investment destination in Africa: report
Economy
April 20, 2017
Egypt ranks 3rd most attractive investment destination in Africa: report
Egypt was ranked as the third most attractive investment destination in Africa by Quantum Global, an Africa-based investment management firm, according…
Egypt’s economy growing at 3.9% in 2017, accelerating to 5.4% in 2019: World Bank
Business
April 18, 2017
Egypt’s economy growing at 3.9% in 2017, accelerating to 5.4% in 2019: World Bank
Egypt's economy is forecasted to grow 3.9 percent by the end of 2017 and will be largely driven by public…
Forbes list of the World’s Richest Arabs in 2017 includes seven Egyptians
Egypt
April 13, 2017
Forbes list of the World’s Richest Arabs in 2017 includes seven Egyptians
Forbes Middle East magazine has just announced their list of the World’s Richest Arabs of 2017, and it includes seven…
Egypt’s annual urban consumer price inflation picks up to 30.9 pct in March
Egypt
April 10, 2017
Egypt’s annual urban consumer price inflation picks up to 30.9 pct in March
Egypt's annual urban consumer price inflation rose in March to 30.9 percent from 30.2 percent in February, the official CAPMAS…
Moody’s sees Egypt’s economy growing but reforms slipping
Business
March 30, 2017
Moody’s sees Egypt’s economy growing but reforms slipping
The economic picture for Egypt is improving, ratings agency Moody's said on Wednesday, but a public backlash will likely lead…
Sisi’s spare change initiative suspended due to legal obstacles
Egypt
March 29, 2017
Sisi’s spare change initiative suspended due to legal obstacles
President Abdel Fattah al-Sisi's proposed initiative for donating spare change has been suspended, Al-Masry Al-Youm reported on Wednesday.The Central Bank…
Egypt negotiates third tranche of World Bank loan
Business
March 22, 2017
Egypt negotiates third tranche of World Bank loan
The government began intensive negotiations with the World Bank mission, which is currently in Cairo, on the third tranche of…
EgyptAir offers discounts on tickets to London, Rome and other regional, int’l capitals
Business
March 20, 2017
EgyptAir offers discounts on tickets to London, Rome and other regional, int’l capitals
EgyptAir is offering cut-rate flight tickets to a number of regional and international airports until the end of March, according…