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Egypt’s unemployment rate eased to 7.2% in Q2-FY2020/21 – minister
Egypt’s unemployment rate inched down to 7.2 percent in the second quarter of the financial year 2020/2021 compared…
Egytrans receives business integration offer from H.A. Utilities Holding BV
Egyptian major provider of logistics and transportation solutions, Egytrans announced on Wednesday that H.A.…
Egypt seen a slight increase in its annual headline inflation during February
Egypt’s annual headline inflation rate rose by 0.1 percent month-on-month (MoM) to 110.3 points in February to…
Egypt’s trade deficit declines 14% in December 2020
The balance of trade deficit in Egypt shrank by 14 percent year-on-year (YoY) to $3.28 billion in December 2020,…
Egypt to launch vehicle replacement initiative before March-end, minister
Egypt's plans to replace obsolete cars manufactured 20 years or more with locally-manufactured ones operating on…
Shell Egypt sells onshore upstream assets in Egypt for $926m
Shell Egypt and one of its subsidies signed an agreement to sell their upstream assets in Egypt’s Western Desert to…
Egypt completes construction works on 3 cotton ginning factories at EGP 200 mn cost
Egypt announced the completion of the construction works of three cotton ginning factories in Sharkia, Gharbiya,…
Egypt spends EGP 86bn annually on commodity, bread subsidies
The Egyptian government offers subsidies worth 86 billion Egyptian pounds for commodities and food subsidies each…
Women comprise 42% of Careem Egypt employees
Women comprise 42 percent of the ride-hailing firm Careem Egypt’s total staff, equivalent to 284 female employees,…
Egypt set to launch new export support programme in July
Egypt iEgypt is planning to launch a new export support programme by the beginning of fiscal year 2021/2022s…