Egypt to open its first art hotel in 2024
Egypt's Ministry of Tourism and Antiquities has announced on Saturday the opening of Hyatt Centric Cairo West, the…
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foreign currency
Moody’s places Egypt’s B3 ratings on review – report
Moody's Investors Service (Moody's) has placed on Wednesday Egypt's B3 long-term foreign-currency and…
Egypt will not offer international bonds until June-end
Egypt’s Minister of Finance Mohamed Maait said on Monday in an interview with CNBC that his country would not…
Ancient tomb unearthed in Egypt’s Saqqara
The remains of Panehsy’s tomb, the steward of Amun Temple, and a collection of smaller chapels were unearthed in…
Egyptian tourism increases by 35% in 2023
Egypt's tourism has increased by 35 percent during the first two months of 2023, according to the Minister of…
Egypt attracts $145mln investments in automotive sector
Three international automotive companies are planning to invest up to $145 million in Egypt over the next three…
Iranian Rial records new low against U.S. dollar
Iranian Rial hits a new recorded low against the U.S. dollar on Saturday, despite central bank attempts to reduce…
Egypt non-oil activity drops for 26th month amid inflation
Egypt’s non-oil private sector activity contracted sharply in January, continuing a 26-month deterioration as high…
Remittances from Egyptian expats rise to $25.5 bln in 2018
Egypt’s remittances from workers abroad rose 3.1 percent to around $25.5 billion in 2018, the central bank said on…
Egypt’s foreign remittances up 5.7% in first 11 months of 2018
Egypt’s remittances from workers abroad rose 5.7 percent to around $23.3 billion during the first 11 months of…
