Business
Cash reserves within safe limits, cover six months: Banque du Caire head
May 19, 2022
Cash reserves within safe limits, cover six months: Banque du Caire head
The Central Bank of Egypt uses its tools with flexibility and unconventional form to maintain price levels, Tarek Fayed, Chairman…
Investing in Egyptian pound to be more profitable in medium term: CBE governor
May 18, 2022
Investing in Egyptian pound to be more profitable in medium term: CBE governor
The Central Bank of Egypt governor Tarek Amer pledged that investing in the Egyptian pound will be more profitable than…
Egyptian government to exit 79 sectors in 3 years
May 18, 2022
Egyptian government to exit 79 sectors in 3 years
The Egyptian government is set to exit 79 sectors within three years and maintain investments in 45 sectors. The draft…
Egyptian gas exports to Europe range between 10% and 15%, minister
May 18, 2022
Egyptian gas exports to Europe range between 10% and 15%, minister
The Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla said on Tuesday that Egyptian gas exports to Europe range…
Egyptian private sector’s participation in utility projects won’t affect service prices: Official
May 18, 2022
Egyptian private sector’s participation in utility projects won’t affect service prices: Official
The Director of the Public Private Partnership Central Unit at the Finance Ministry Atter Hannoura announced Tuesday that the private…
Gold prices continue to decline on Wednesday morning
May 18, 2022
Gold prices continue to decline on Wednesday morning
Gold prices continued to decline at the beginning of trading on Wednesday morning, after recent successive increases. The decline was…
After 30 years, meetings to be held in Egypt with Islamic Development Bank Group: Minister
May 17, 2022
After 30 years, meetings to be held in Egypt with Islamic Development Bank Group: Minister
The Minister of Planning and Economic Development and Governor of Egypt at the Islamic Development Bank Group, Hala al-Saeed announced…
Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln
May 16, 2022
Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln
The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates rose in March to about US$3.3 billion, an…
Egypt tops African countries recipient of foreign investment for 5th year in a row
May 16, 2022
Egypt tops African countries recipient of foreign investment for 5th year in a row
Egypt remained at the forefront of foreign direct investment in Africa for the fifth year in a row in…
Egypt FM meets delegation from the US’s GreenTech Business Mission
May 15, 2022
Egypt FM meets delegation from the US’s GreenTech Business Mission
Egyptian Foreign Minister Sameh Shoukry on Sunday participated in an event held by the American Chamber of Commerce in Cairo,…