Growth rate has increased due to investment surge, says Egypt’s minister
Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has…
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Economy
Gold dips as dollar shines after US Senate clears tax bill
Gold prices fell in Asian trade on Monday, as the dollar gained on expectations that the United States' economy…
European Central Bank to shut door on easy money at end of 2018
European Central Bank should shut the door on its monthly asset purchases next September, according to a majority…
Gold holds near one-week low as stronger US economy data weighs
Gold on Thursday held close to a one-week low hit in the previous session, pressured by upbeat U.S. growth data…
Euro at 2-month high on upbeat German sentiment data, political hopes
Euro prices hit a two-month high versus the dollar and held firm against other major currencies on Monday thanks…
EgyptAir to swing to a profit this year
EgyptAir will swing to a profit this year, buoyed by an increase in passengers and cost cutting, the chairman of…
Euro in focus after German coalition talks break down
Euro prices hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel's efforts to form a…
Egypt’s debt hits 3.7 trillion pounds in 2017: minister
Egypt’s Minister of Finance Amr El-Garhy said on Tuesday that the country’s internal and external debt totalled…
Egypt’s financial situation stronger now than before 2010: CBE governor
Central Bank of Egypt Governor Tarek Amer said on Tuesday that Egypt’s financial status is currently stronger…
Egypt to keep customs exchange rate at 16 pounds in November
Egypt will keep its customs exchange rate unchanged at 16 pounds per dollar for November, the finance ministry said…
