economy
US dollar price stable on Wednesday trading
Egypt
September 20, 2017
US dollar price stable on Wednesday trading
The US dollar exchange rate was stable against the Egyptian pound at the beginning of Wednesday morning trading at banks…
Egypt to build first industrial city, stretching over 33mm square meters
Egypt
September 19, 2017
Egypt to build first industrial city, stretching over 33mm square meters
Egypt singed an agreement with Singapore on Tuesday to establish the first industrial city, located north of Fayoum governorate, stretching over…
Egypt’s trade deficit drops by 50.4% in June
Business
September 18, 2017
Egypt’s trade deficit drops by 50.4% in June
Egypt’s trade deficit dropped to $1.82 billion during June, compared to $3.66 billion during the same month of last year,…
Egypt’s central bank considers obligating banks to classify loans and deposits by gender
Economy
September 15, 2017
Egypt’s central bank considers obligating banks to classify loans and deposits by gender
Egypt’s central bank is considering requiring banks to report the breakdown of their loan and deposit figures according to the…
Informal economy in Egypt contributes to about 40% of GDP: Minister
Economy
September 14, 2017
Informal economy in Egypt contributes to about 40% of GDP: Minister
Minister of Planning and Administrative Development Hala al-Saeed said Thursday that the informal sector in the Egyptian economy contributes to…
MP suggests draft law to grant women immediate alimony from state banks
Features/Interviews
September 8, 2017
MP suggests draft law to grant women immediate alimony from state banks
Parliamentarian Shokry al Gendy, from the Religious Affairs Committee, has suggested amending Egypt’s personal status law to grant women the right to alimony from state…
Egypt participates in WTO Competition for 2017 Best Promotional Video
Life & Style
September 4, 2017
Egypt participates in WTO Competition for 2017 Best Promotional Video
Egypt is participating in the World Tourism Organization competition for the 2017 best promotional video, with its latest promotion video…
Egypt Central Bank, no intention to pass digital currency trading legislation
Economy
August 23, 2017
Egypt Central Bank, no intention to pass digital currency trading legislation
Egypt’s central bank said it has no intention of issuing legislation or passing a special law that allows the trading…
US pharmaceutical companies look to increase investments in Egypt
Economy
August 19, 2017
US pharmaceutical companies look to increase investments in Egypt
Representatives of US pharmaceutical companies expressed their interest in a possible increase of investments in Egypt, and praised the measures…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Economy
August 16, 2017
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…