Featured Egypt announces Thursday 1st day of Eid Al-Fitr Amwal Al Ghad English May 12, 2021 0 Egypt's Dar El-Iftaa, a top religious authority that issues religious edicts, has announced that Eid Al-Fitr will…
Money Global economic recovery to improve debt service coverage ratios: Moody’s Amwal Al Ghad English May 12, 2021 0 Global infrastructure sectors are improving a year on COVID-19 pandemic which may support a recovery in debt…
Tech/AI Egypt’s trade deficit down 1.2% to $3.34bn in February 2021: CAPMAS Sanaa Allam May 12, 2021 0 Egypt’s trade deficit decreased 1.2 percent in February 2021 to $3.34bn, compared to the $3.38bn reported for…
Money Egypt’s current account deficit jumps to $7.6 bln in 1H of FY2020/21: CBE Amwal Al Ghad English May 12, 2021 0 Egypt’s current account deficit climbed to $7.6 billion in the first half (1H) of the current FY2020/2021 — from…
Featured Suez Canal revenues at $551 million in April, marking 15.8% y-o-y growth Amwal Al Ghad English May 11, 2021 0 Egypt’s revenues from Suez Canal surged by 15.8 percent year-on-year to $551 million in April, from $476 million in…
Featured Egypt’s stocks end higher on Tuesday, benchmark EGX 30 edges up 0.77% Amwal Al Ghad English May 11, 2021 0 Egypt’s stock exchange’s (EGX) indexes closed higher on Tuesday, with the benchmark EGX 30 index increasing 0.77…
Featured Egypt aims to start electric car production in mid-2022: minister Sanaa Allam May 11, 2021 0 Egypt is aiming to start producing an electric car in mid-2022, Public Enterprise Minister Hisham Tawfik said on…
Featured Egypt’s unemployment rate rises to 7.4% in Q1 – CAPMAS Amwal Al Ghad English May 11, 2021 0 Egypt’s unemployment rate rose to 7.4 percent during the first quarter of the year ended in March from 7.2 percent…
Featured Rid-hailing Careem, Uber raise fares after fuel hikes Amwal Al Ghad English May 11, 2021 0 Ride-sharing firms Uber and Careem announced on Tuesday an increase trip rates as of May 11, in response to the…
Money Abu Dhabi’s Aldar looking for more deals in Egypt’s real estate sector – CEO Amwal Al Ghad English May 11, 2021 0 Aldar Properties, Abu Dhabi's biggest property firm, is halfway through its due diligence process on an offer to…