Egypt economy
Egypt’s exchange remains top Arab performer in 2017
Economy
December 27, 2017
Egypt’s exchange remains top Arab performer in 2017
The head of the Egyptian Exchange says its benchmark index has made significant gains in 2017 thanks to economic reforms…
Egypt’s finance minister says expects Jan inflation at 20 pct
Economy
December 11, 2017
Egypt’s finance minister says expects Jan inflation at 20 pct
Egypt’s inflation rate is expected to drop to 20 percent in January and to 13-14 percent by August, Finance Minister…
Foreign investment in Egyptian securities rises to $19 bln
Economy
December 11, 2017
Foreign investment in Egyptian securities rises to $19 bln
Foreign investment in Egyptian securities hit $19 billion as of December 6 since the flotation of the pound currency in…
Egypt says 4 bln dollars of debt paid to African Export-Import Bank
Economy
December 5, 2017
Egypt says 4 bln dollars of debt paid to African Export-Import Bank
Egypt has paid back a total $4 billion to the African Export-Import Bank, the central bank said on Tuesday. The…
Growth rate has increased due to investment surge: Planning Minister
Economy
December 3, 2017
Growth rate has increased due to investment surge: Planning Minister
Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has contributed to…
Global container companies reinstate their activates in Egypt
Business
November 28, 2017
Global container companies reinstate their activates in Egypt
Global container companies Hapag Lloyd, Yang Ming, Mitsui, NYK and K-line said on Monday that they will resume their navigation…
Egypt economy likely to remain unshaken by Sinai attack
Economy
November 28, 2017
Egypt economy likely to remain unshaken by Sinai attack
The mosque attack in Egypt’s Sinai may only strengthen the view that the country needs continued IMF support as agreed…
Egypt’s central bank holds interest rates as expected
Economy
November 19, 2017
Egypt’s central bank holds interest rates as expected
Egypt’s central bank kept interest rates unchanged as expected on Thursday, concluding that further declines in inflation were needed to…
Inflation rate rose to 29.8 percent in June: CAPMAS
Business
July 10, 2017
Inflation rate rose to 29.8 percent in June: CAPMAS
The annual urban inflation rose to 29.8 percent in June from 29.7 percent in May, the Central Agency for Public…
Egypt eyes increasing exports volume to EU to $50 bln
Economy
June 2, 2017
Egypt eyes increasing exports volume to EU to $50 bln
Egypt is seeking to be effective in the world economy in terms of volume of exports traded globally, said Amr…