Egypt economy

Egypt’s exchange remains top Arab performer in 2017
Economy

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

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

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

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

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

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

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

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

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

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…
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