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IMF asks Egypt to limit army’s interference in the economy

IMF asks Egypt to limit army’s interference in the economy

The International Monetary Fund asked Egypt to reduce the army’s interference in the economy, according to a rescue plan agreed…
Egypt to receive $271 mln loan from African Development Bank to support nation’s food security

Egypt to receive $271 mln loan from African Development Bank to support nation’s food security

During a plenary session on Monday, the House of Representatives approved the Agriculture and Irrigation Committee’s report, issuing Resolution 613…
New cruise line launched from Russia’s Sochi port to Egypt

New cruise line launched from Russia’s Sochi port to Egypt

Russia’s Sochi Port Manager Yuri Vladimirov announced the launch of a new cruise line from Sochi to Egypt. This will…
Egypt sentences 38 defendants including fugitive contractor Mohamed Ali to lifetime imprisonment

Egypt sentences 38 defendants including fugitive contractor Mohamed Ali to lifetime imprisonment

The State Security Criminal Court on Sunday sentenced fugitive contractor Mohamed Ali and 37 others to lifetime imprisonment, and issued…
Amnesty International asks Cristiano Ronaldo to ‘draw attention to human rights issues’ in Saudi Arabia

Amnesty International asks Cristiano Ronaldo to ‘draw attention to human rights issues’ in Saudi Arabia

Amnesty International said Wednesday that soccer superstar Cristiano Ronaldo should highlight human rights issues in Saudi Arabia during his time…
Egyptian expats in the US to support home economy with US$2 billion

Egyptian expats in the US to support home economy with US$2 billion

The Egyptian community in the United States of America launched the “Be Positive, Egyptian” initiative to support the Egyptian economy,…
Daily Mail invites UK tourists to visit Egypt in winter season

Daily Mail invites UK tourists to visit Egypt in winter season

The website of the famous British newspaper, the Daily Mail, published a press report highlighting the  advantages of travel to…
Will the Central Bank of Egypt interfere to control soaring prices?

Will the Central Bank of Egypt interfere to control soaring prices?

The price of the Egyptian pound continued to decline against the US dollar at the beginning of trading, on Thursday,…
Egyptian pound loses 25% of its value against dollar in a week

Egyptian pound loses 25% of its value against dollar in a week

Bloomberg Agency commented on the news of the Egyptian pound’s depreciation against the dollar to about LE30 on Wednesday. The…
IMF issues statement on exchange rate of currency in Egypt

IMF issues statement on exchange rate of currency in Egypt

International Monetary Fund officials said that the Central Bank of Egypt is committed to allowing the exchange rate to reflect…
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