Browsing Category
Main
Egypt inflation eases to 5.1 % during 2020, to its lowest since October on food prices
Egypt's annual headline inflation rate registered 5.1% in 2020, compared to 8.5% in 2019, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Sunday
Read More...
Read More...
Auto market escapes wave of price hike in January thanks to Egypt-UK Association Agreement
The Egyptian auto market has escaped a price hike on British cars that had been expected on the back of the latter’s exit from the European Union (EU), commonly known as Brexit.
Read More...
Read More...
Central Bank of Egypt issues instructions to manage operating risks at banks
The Central Bank of Egypt (CBE) has issued new instructions regarding the management of operation risks at banks working in the Egyptian market.
Read More...
Read More...
Egypt’s Vision 2030 updated in line with changes caused by COVID-19
Egypt has updated its Vision 2030 in line with social and economic developments, following the country’s success in implementing its economic reform programme, and the changes caused by the novel…
Read More...
Read More...
IMF forecasts Egypt’s economy to record 2.8% growth in FY 2020/21
The International Monetary Fund (IMF) raised its growth expectations for Egypt’s economy to 2.8 percent in the current fiscal year (FY) 2020/21, despite the coronavirus pandemic.
Read More...
Read More...
IMF praises Egypt’s measures to contain COVID-19 pandemic impacts
International Monetary Fund (IMF) has lauded Egypt's measures to address the impacts from the outbreak of the Covid-19 pandemic.
Read More...
Read More...
Egyptian President inspects Mostaqbal Misr project for sustainable agriculture
President Abdel Fattah El-Sisi inspected on Friday Mostaqbal Misr project for sustainable agriculture in Dabaa city, Marsa Matrouh governorate.
Read More...
Read More...
Egypt, Tunisia to establish maritime trade route
Egypt and Tunisia will inaugurate a maritime trade route to strengthen bilateral trade and investment relations.
Read More...
Read More...
EGP continues its gains against USD on rising foreign reserves
The US dollar exchange rate dropped against the Egyptian pound by EGP 0.04 in the first week of 2021 as foreign reserves rose to more than $40 billion.
Read More...
Read More...
NBE opens new branch in Ismailia
Egyptian state owned bank, National Bank of Egypt (NBE) opened a new branch inside Irshad Building in Ismailia.
Read More...
Read More...