1/5/2021 - The UAE House of Experience announced its intention to launch the “Digital Mall” in Egypt during 2021 after the launch of the mall in the UAE officially in January. In an exclusive intervie... |
1/5/2021 - The global economy is expected to expand by 4 percent in 2021, after a 4.3 percent contraction in 2020, on the back of the initial COVID-19 vaccine rollout globally in 2021, the World Bank said. |
1/5/2021 - Gold prices in Egypt stabilized to record LE842 for 21-karat gold, amid expectations that the prices will vary trading. The price of 18-karat gold recorded LE721, 24-karat gold recorded LE9... |
1/6/2021 - The US is willing to deepen economic ties with Egypt and increase US investments in the Egyptian market, benefiting from the country’s attractive investment climate and its solid infrastructure, US Se... |
1/6/2021 - The Central Bank of Egypt (CBE)’s board of directors has launched an initiative to offer a sum of EGP 15 billion with an interest rate estimated at 3 percent in light of President Abdel Fattah El Sisi... |
1/9/2021 - The International Monetary Fund (IMF) has raised its projections for Egypt’s real GDP growth for FY2020/21 to 2.8 percent, up from 2 percent projected in June, reflecting the milder than-anticipated c... |
1/10/2021 - Egypt’s annual headline inflation declines to its lowest since October reaching 5.4 percent in December, down from the 5.7 percent in November, the Central Agency for Public Mobilization and Statistic... |
1/10/2021 - Egypt announced on Sunday the rolling out of subscription in 'Seyola' cash investment fund, which is its first cash fundthat allows to invest in in number of financial instruments. The targ... |
1/10/2021 - Planning Minister Hala el Saeid has announced the launch of initial public offerings (IPOs) of NI Capital, an investment arm of the National Investment Bank, whose board she also chairs. Th... |
1/10/2021 - Trade and Industry Minister Niven Gamea said that the Egyptian trade bureau in Beijing managed to agree with the Chinese customs authority on continuing the Egyptian citrus exported to the Chinese mar... |
1/11/2021 - Egypt’s monthly core inflation recorded zero in December 2020, down from 0.2 percent in the same month a year prior, and zero in November 2020, according to the Central Bank of Egypt (CBE). ... |
1/11/2021 - Fitch Solutions has downgraded its projections for Egypt’s real GDP growth for the second time in two months to reach 3 percent in 2021, down from the 3.2 percent that was projected in December. |
1/12/2021 - Egypt has started issuing EGP 1 million in coins per day - EGP 30 million per month - across the country to meet public demand and combat change shortages, the finance ministry announced . ... |
1/12/2021 - Prime Minister Mostafa Madbouli reiterated the importance of finalizing the project of lining and the rehabilitation of canals to maintain the State's water resources. The premier's remarks... |
5/14/2022 - Tunisian Prime Minister Najla Bouden hailed the outcome of the Tunisian-Egyptian economic forum, stressing the importance of the role of the private sector in enhancing cooperation and creating partne... |
5/14/2022 - The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has agreed to expand its operations in Africa. Addressing EBRD Annual Meeting 2022, Minister of Intern... |
5/15/2022 - Exports of the Egyptian food industry increased by 5 percent in the first quarter of 2022, recording $1.04 billion against $996 million in the corresponding period in 2021, chairman of the Food Export... |
5/15/2022 - Fitch Solutions revised up Egypt’s real GDP growth forecast by 0.1 percent for 2022 to reach 5.6 percent, up from the 5.5 percent it projected in April, according to Fitch Solutions’ MENA Monthly Outl... |
5/15/2022 - Minister of Communication and Information Technology Amr Talaat and STMicroelectronics' Executive Vice President Ricardo De Sa Earp reviewed the company's investment plans in Egypt. Headq... |
5/15/2022 - Finance Minister Mohamed Maait said 90 percent of financial directorates will be mechanized before the end of June, thus contributing to upgrading the financial performance of administrative bodies in... |