12/28/2017 - Acting Premier and Housing Minister Mostafa Madboly held a meeting to follow up the performance of a committee tasked with providing loans for small and medium-sized enterprises. The meeting... |
12/28/2017 - Minister of Investment and International Cooperation Sahar Nasr said that the number of new foreign investors on the bourse hit 1,150 in 2017 at an increase rate of 26 percent compared to the past y... |
12/31/2017 - Egyptian companies will begin applying price tags to food products starting or else be subject to legal penalties, state-run news agency MENA quoted Minister of Supply and Internal Trade Ali Moselhi ... |
12/31/2017 - Egypt will maintain its customs exchange rate at EGP 16 per US dollar, effective , till the end of January 2018. In an official statement the finance ministry said the decision to keep the c... |
12/31/2017 - President Abdel Fattah El Sisi issued his directives to continue efforts aimed at comprehensive development of the electricity sector. This came in a meeting between the president and Actin... |
12/31/2017 - The customs dollar exchange rate will be fixed at 16 pounds during January, the Finance Ministry said . The decision to maintain the price of the customs dollar comes in light of a stable exc... |
1/1/2018 - Egypt is moving forward in 2018 with structural reforms that helped make the nation’s assets among the best performers in the Middle East. Foreign holdings of treasury bills was about $19 bil... |
1/1/2018 - Trading of the world's leading cryptocurrency Bitcoin is unlawful in accordance with Islamic Sharia, Egypt’s Grand Mufti Shawki Allam. In an official fatwa, Allam said that trading such a "vi... |
1/2/2018 - Egypt's foreign exchange reserves are expected to jump in the next financial year 2018-2019, as it is expected to rise to a new record at $39.8 billion, according to EFG-Hermes. The figure c... |
1/2/2018 - The Egyptian Silicon Industries Co. (E-SICO), which makes the first mobile phone inside Egypt, announced that its customers can start reserving their 4G smart phone’ "Nile X" as of the second half of ... |
1/3/2018 - The Egyptian government has agreed to sign three “important international agreements,” including a 540 million euro deal with the European Union to support social security, legislative reforms and new... |
1/3/2018 - Egypt's foreign reserves increased to $37.019 billion by the end of December, up from $36.723 at the end of November, the Central Bank of Egypt announced . Egypt's net foreign reserves had fi... |
1/9/2018 - The Egyptian parliament’s General Assembly gave preliminary approval to a law governing debt restructuring, preventive composition and bankruptcy, MP Haitham El-Hariri. The law is expected to... |
1/9/2018 - The Central Bank of Egypt (CBE) paid back around $700 million in debt to the Paris Club this week, the CBE announced . The CBE had made another payment to the Paris Club worth another $700 mi... |
1/10/2018 - The Central Bank of Egypt (CBE) has warned against dealing in Bitcoin for the risks that might result from dealing in such currency, as it is unstable and cannot be supervised. In its stateme... |
1/14/2018 - The portal will be an electronic platform that includes studies and information about foreign markets and a virtual marketplace to connect exporters with importers. Cairo- Minister of Trade a... |
1/15/2018 - Presidential spokesman Bassam Radi said the national mega projects that were launched four years ago are now bearing fruit. The projects being opened today by President Abdel Fattah El Sisi ... |
1/15/2018 - Egypt's primary budget deficit fell to 0.3 percent of GDP, recording EGP 14 billion in the first half of fiscal year 2017-18, down from 1.1 percent of GDP, or EGP 39 billion, in the same period during... |
1/16/2018 - The Chairman of the Suez Canal Authority (SCA) Mohab Mamish discussed with a Chinese delegation investment opportunities in the Canal Zone. During the meeting, Mamish underlined that Egypt p... |
1/16/2018 - The economic reforms recently carried out by the government have rendered Egypt a more attractive investment destination. Minister of Trade and Industry met , in his office in Cairo, with re... |