Most Recent News

Egypt introduces improved financial reporting system for agencies

The finance ministry of Egypt has started the implementation of a new system to monitor state agencies’ financial transactions. The Government Financial Management Information System, which is part of the.

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Egypt Aims For Natural Gas Dominance In The Mediterranean

The natural market gas in the Eastern Mediterranean is in full ebullition – with Egypt determined to be the center of this regional marketplace. The country faces challenges, including maintaining.

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Egypt Ministry of International Cooperation licenses single-shareholder companies

The Minister of Investment and International Cooperation Sahar Nasr signed the regulatory framework for licensing single-shareholder companies, according to a ministry statement on Wednesday. Nasr stated that the sole proprietorship.

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Egypt’s central bank expected to hold rates as it eyes inflation

  Egypt’s central bank is expected to keep interest rates unchanged at its next policy meeting and hold back on more rate cuts this year until inflation steadies, a Reuters.

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Tunisia, Egypt to promote mutual trade relations

Egypt and Tunisia have agreed to promote joint trade relations and remove all of the challenges facing the flow of trade exchange and joint investments between the two sides. Both.

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Egypt to reduce public debt to 92% of GDP in FY 2018-19

Egyptian Finance Minister Mohamed Ma’it said the country will reduce its public debt to 92 percent of the GDP in the budget of the current fiscal year 2018-2019, state-run Ahram.

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Consumer durable goods imports to Egypt increase 57% in 5 months

Egyptian imports of consumer durable goods increased by 57 percent in January-May 2018 to record $ 2.122 billion compared to 1.35 in 2017. According to state’s foreign trade statistics, imports.

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Egypt in process to launch extra units in new capital

Egypt’s Ministry of Housing will roll out a number of additional units at the Capital Residents District in the country’s new administrative capital, said Prime Minister Moustafa Madbouly on Thursday..

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Trump tells Sisi U.S., Egypt will fight Islamist militants together

    By Steve Holland   U.S. President Donald Trump moved to reset U.S. relations with Egyptian President Abdel Fattah al-Sisi on Monday after the prior Obama administration’s strained ties,.

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Egypt’s Feb Annual Urban Consumer Price Inflation Hits 30-Yr High

      Egypt’s annual urban consumer price inflation soared to its highest level in more than three decades, hitting 30.2 percent in February, statistics agency CAPMAS said on Thursday..

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