economy
AFDB approves third $500 mln tranche in support for Egypt’s reform program
Economy
January 18, 2018
AFDB approves third $500 mln tranche in support for Egypt’s reform program
In support of the country’s effort to improve Egyptians’ quality of life, the African Development Bank approved the disbursement of…
Egypt to participate in Spain’s International Tourism Trade Fair this Wednesday
Economy
January 15, 2018
Egypt to participate in Spain’s International Tourism Trade Fair this Wednesday
Egypt will be participating in the International Tourism Trade Fair (FITUR) in Madrid from January 17 to January 21 to…
Euro holds three-year highs as dollar weakens further
Business
January 15, 2018
Euro holds three-year highs as dollar weakens further
The euro held at three-year highs against the dollar on Monday after last week’s surge, its rise fueled by growing…
South Korea plans to ban cryptocurrency trading, rattles market
World
January 11, 2018
South Korea plans to ban cryptocurrency trading, rattles market
South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual…
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
Egypt
January 11, 2018
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) stated on Wednesday that the annual inflation rate declined by 0.2…
Brexit caused 37 percent fall in new London financial jobs in December – report
World
January 11, 2018
Brexit caused 37 percent fall in new London financial jobs in December – report
Britain’s forthcoming exit from the European Union was the main reason for a 37 percent decline in new jobs available…
Egypt’s growth rate expected at 4.5% in 2018: WB
Economy
January 10, 2018
Egypt’s growth rate expected at 4.5% in 2018: WB
The growth rate of Egypt’s economy is expected to reach 4.5 percent in FY 2018 as ongoing reforms and improved…
Egypt, Tunisia, and Turkey expect to see jump in British tourist arrivals in 2018: report
Egypt
January 8, 2018
Egypt, Tunisia, and Turkey expect to see jump in British tourist arrivals in 2018: report
Egypt, Tunisia, and Turkey are expected to see a jump in British tourist arrivals this year, after several years of…
Mideast Money: Surge in foreign fund inflows sets stage for Egyptian boom
Egypt
January 8, 2018
Mideast Money: Surge in foreign fund inflows sets stage for Egyptian boom
Encouraged by Egypt’s economic reforms, a major gas find, streamlined business rules and a devalued currency, investors are increasingly optimistic…
Russia resumes passenger flights to Cairo after 2-year suspension
Egypt
January 6, 2018
Russia resumes passenger flights to Cairo after 2-year suspension
Russian President Vladimir Putin approved the resumption of regular air traffic between Moscow and Cairo after a two-year suspension, state-run…