Dollar weakens on government shutdown concerns, plunging stocks
The U.S. dollar slipped on Monday as concerns about a prolonged government shutdown and sharply lower equity…
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Economy
Egypt, World Bank ink $1bn deal to support private sector
Egypt and World Bank signed a $1 billion deal to support the country's private sector in achieving integrated…
Egypt targets 15-20% increase in annual exports: minister
Egypt's Minister of Planning Hala al-Saeed said on Monday exports are vital for the Egyptian economy, adding that…
Egypt to adjust customs’ duties on luxury goods to benefit economy
Egypt's Finance Ministry’s decision to adjust the customs dollar exchange rate for non-essential goods, tying it to…
Egypt on track to achieve its financial targets: FinMin
Egypt’s state revenues grew 35.5 percent in the first quarter of this financial year, putting the government on…
IMF expects increase in Egypt’s private investments
The International Monetary Fund (IMF) is projecting an increase in private investments in Egypt as a result of…
Egyptian economy performs well: IMF mission
The International Monetary Fund’s (IMF) mission in Egypt expressed Wednesday positive views on the Egyptian economy…
Egypt’s 2018 agricultural exports increase to 4.4 mln tonnes
Egypt’s Minister of Agriculture and Land Reclamation, Ezzeldin Abu-State, has said that Egyptian agricultural…
Gold falls as dollar firms after China eases policy
Gold prices inched lower on Monday as the dollar firmed after China's central bank eased its domestic policy to…
Credit Suisse optimistic about Egypt’s economy
The economic growth cycle of Egypt still has several years ahead to go, said Swiss Credit Suisse Group head of…