Egypt economy

Egypt’s markets, industrial sectors to witness recovery in June: expert
Business

Egypt’s markets, industrial sectors to witness recovery in June: expert

Matti Beshay, an expert with the General Division of Importers, said on Wednesday that the market is suffering stagnation despite…
Sisi holds meeting with journalists on economy, regional issues
Egypt

Sisi holds meeting with journalists on economy, regional issues

Egyptian President Abdel Fattah al-Sisi met with a number of newspaper editors and media personalities on the sidelines of the…
US dollar exchange rate in Egypt declines under LE16 mark
Business

US dollar exchange rate in Egypt declines under LE16 mark

The US dollar exchange rate made a new record decline against the Egyptian pound, falling below the LE16 mark for…
Egypt’s inflation rate hits 2.7%: CAPMAS
Business

Egypt’s inflation rate hits 2.7%: CAPMAS

Egypt’s annual inflation rate has hit 2.7 percent this month, up from 2.4 percent in October and compared to 15.6…
Egypt’s non-oil private sector shrinks to slowest in over two years: PMI
Business

Egypt’s non-oil private sector shrinks to slowest in over two years: PMI

CAIRO (Reuters) — Activity in Egypt’s non-oil private sector contracted in November for the fourth consecutive month, falling to its…
Egypt’s 2018 exports see 11.5% increase: CAPMAS
Business

Egypt’s 2018 exports see 11.5% increase: CAPMAS

Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Saturday that the total exports during 2018 increased to…
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Business

CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office

Egyptian President Abdel Fattah al-Sisi has renewed Tarek Amer’s term as governor of the Central Bank of Egypt (CBE), al-Borsa newspaper reported…
Egypt’s economy seen growing 5.5 pct in year to end of June
Business

Egypt’s economy seen growing 5.5 pct in year to end of June

CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
Egypt’s unemployment rate falls to 8.9%: CAPMAS
Egypt

Egypt’s unemployment rate falls to 8.9%: CAPMAS

Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) on Friday reported that the unemployment rate fell to 8.9 percent…
Egypt inflation rate in January saw increase by 0.8%: CAPMAS
Business

Egypt inflation rate in January saw increase by 0.8%: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced Sunday that the inflation rate in January increased…
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