economy
Parliament gives final approval on bankruptcy law
Egypt
January 29, 2018
Parliament gives final approval on bankruptcy law
In an effort to help generate investment, Egyptian parliament reached a final approval for the new bankruptcy law on Sunday,…
UK employment surges to unexpected record high, wages edge up
World
January 24, 2018
UK employment surges to unexpected record high, wages edge up
The number of people in work in Britain surged unexpectedly in the three months to November and regular wages rose…
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
Economy
January 24, 2018
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
The growth rate of Egypt’s economy increased from 3.5 percent in the fiscal year 2015-2016 to 4.2 percent in fiscal year…
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…