Egypt’s Suez Canal ups profits to $447.1 million in July
Egypt's Suez Canal profits rose to $447.1 million in July 2017 from $427.2 million in June 2017, the government…
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Economy
Egypt’s CBE seen holding interest rates following unexpected hikes
Central Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll indicated on…
UNIDO project seeks to revive cotton industry in Egypt
The project of UN Industrial Development Organisation (UNIDO) project will help revive the Egyptian cotton industry…
Philippines is aiming for an energy boom with Duterte’s latest reform
Philippine President Rodrigo Duterte's latest attempt to reform the Philippine economy is a major change for the…
Toyota to launch Fortuner model in Egypt, investments hit $8.5mn
Toyota Egypt, in partnership with Arab Organisation for Industrialization (AOI), on Monday launched a line for…
Dollar firms after strong US jobs report, backs Fed hike view
The dollar gained on Friday after a report showed the U.S. economy created far more jobs than expected in June…
Number of tourists in Egypt jumps by 32.9%: CAPMAS
The number of tourists that visited Egypt in May increased by 32.9 percent compared to last year, the…
Egypt raises monthly food subsidies to 50 pounds per person: Sisi
Egypt is more than doubling monthly food subsidies to 50 Egyptian pounds per person from 21 pounds now, President…
Qatar can protect economy and currency, finance minister tells CNBC
Qatar can easily defend its economy and currency against economic blockade by other Arab states, Qatari finance…
CBE: Egypt’s core inflation eases slightly by 30.57% in May
Egypt's core inflation declined to 30.57 percent year-on-year in May from 32.06 percent in April and 32.25 percent…