Remittances from Egyptian expats surge 29.3% in December 2017: CBE
Remittances from Egyptians abroad increased by 29.3 percent year-on-year in December 2017 to $2.6 billion, up…
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shortage
Egypt’s 2017 trade deficit falls by 26% year on year
Egypt’s 2017 trade deficit fell 26 percent year on year by $12 billion, the trade ministry said on Monday. Imports…
Egypt’s foreign debt ups by 42% in FY2016/17: CBE
Egypt’s foreign debt rose by 42 percent to $79 billion during the financial year 2016/2017, said Central Bank of…
Egypt clears huge financial backlog as it rebounds from USD shortage
Egypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies…
Egypt planning 200% surge in rice production, says Supply Ministry
Egypt's Minister of Supply and Internal Trading said that Egypt targets rising rice production by 200 percent…
Facebook to build housing in Silicon Valley for first time
The shortage of housing in California's Silicon Valley has gotten so severe that Facebook Inc on Friday proposed…
Cabinet reached solution to medicine shortage crisis: PM
Egypt's Prime Minister Sherif Ismail said on Sunday that the government has “reached a solution” that works towards…
Egypt seizes 9,000 tonnes of sugar in raids amid shortage
The Egyptian authorities have seized 9,000 tonnes (9,920 tons) of sugar in raids on factories and warehouses, amid…
Doctors Syndicate calls for lowering subsidised milk price to EGP5
The Doctors Syndicate called for a set of decisions to be enforced in order to resolve the shortage of baby…
Britain is running out of bricks to build new homes
A shortage of bricks is a contributing factor in rising house prices in the UK over the past decade with new…
