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…
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Economy
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…
Real estate sector grows by 10.8% in nine months: Egypt’s minister
Egypt's real estate sector was the fastest growing sector in the Egyptian economy during the first three quarters…
Egypt, UK firms to launch catheter production facility at $4mn investment
A new medical joint venture between an Egyptian and a British companies to launch a state-of the-art-facility to…
Trump economy reaching his 3 percent goal even without tax reform
President Donald Trump's goal of 3 percent growth has been realized in two of the three quarters since he took…
Cabinet passes final regulations to bring Egypt’s new investment law into effect
Egypt's Cabinet on Wednesday passed final regulations for a new investment law aimed at drawing foreign investment…
Catalonia’s leaders fight off direct rule from Madrid
Catalonia’s leaders said on Saturday they would not accept direct rule imposed on the region by the Spanish…