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Egypt’s inflation likely to fall 10.7% in FY2019/20: Pharos
Egyptian inflation rate is expected to decline by 10.7 percent in financial year 2019/2020, Pharos Research…
FM Shoukry discusses bilateral ties with Moroccan counterpart in Cairo
Egyptian Foreign Minister Sameh Shoukry discussed bilateral ties and developments in the Arab world with his…
MSMEDA provides EGP3bln in funding to SMEs in 2018
The Micro, Small, and Medium Enterprise Development Authority (MSMEDA) has pumped 3 billion Egyptian pounds into…
Akam posts $94.8mn contractual sales from Egypt new capital’s housing compound
Egyptian Akam Developments says it achieved contractual sales of 1.7 billion Egyptian pounds ($94.8 million) from…
SECON’s sales from Riyadh-SECON in New Cairo at $83.6 mln
Property developer Saudi Egyptian Construction Company (SECON) says it has posted sales worth 1.5 billion Egyptian…
Egypt’s IDA seeks to prepare its regulating law by January end
Egypt's Industrial Development Authority (IDA) seeks to complete preparing the operating regulation of the law that…
Egypt’s Sisi acknowledges close coordination with Israel in Sinai
Egyptian President Abdel Fattah al-Sisi offered a rare acknowledgement of his close security cooperation with…
Foreign firms to provide services in Egypt’s new capital
Egypt's state-run Administrative Capital for Urban Development (ACUD), the master developer of the New Capital,…
Egypt to apply fuel price indexation on 95 octane gasoline starting April
Egypt's Ministry of Petroleum said a new automatic price indexation mechanism on fuel - set to start in April -…
Egypt’s foreign reserves fall 4.4% in December: CBE
Egypt’s foreign currency reserves dropped 4.4 percent to $42.5 billion in December from $44.5 billion in November,…