Economy

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  • Egypt has best economic growth in 11 years- Sisi

    Egypt has best economic growth in 11 years- Sisi

    Date: 2019-11-29 23:58:38 GMT - Egypt - Economy - SN:2 - ID:8209964

    Egypt achieved its best economic growth in 11 years, despite the global economic slowdown and international and regional instability, President Abdel Fattah El Sisi said Friday. In a speech delivered on his behalf by Petroleum Minister Tarek el ....

  • Military production min., Czech amb. mull boosting cooperation

    Military production min., Czech amb. mull boosting cooperation

    Date: 2019-11-25 16:21:17 GMT - Egypt - Economy - SN:9 - ID:8203876

    Minister of State for Military Production Mohamed Saeed el Assaar held talks on Monday with Czech Ambassador to Cairo Jan Fulík on means of enhancing cooperation in the industrialization fields. The meeting touched on the products and ....

  • Sisi hails fruitful partnership with Eni, looks forward to new discoveries

    Sisi hails fruitful partnership with Eni, looks forward to new discoveries

    Date: 2019-11-25 15:45:16 GMT - Egypt - Economy - SN:7 - ID:8203828

    President Abdel Fattah El Sisi lauded on Monday the fruitful partnership with Italy's Eni and its activities in Egypt, looking forward to new discoveries in light of the promising opportunities of the energy sector. Sisi's remarks came during ....

  • Trade exchange between Egypt, Nile basin countries increased by 25.4% in 2018

    Trade exchange between Egypt, Nile basin countries increased by 25.4% in 2018

    Date: 2019-11-25 00:17:22 GMT - Egypt - Economy - SN:5 - ID:8202600

    The volume of trade exchange between Egypt and the Nile Basin countries reached dlrs 1.872 bn in 2018, compared to dlrs 1.493 bn in 2017, with an increase of 25.4%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). ....

  • Sisi meets heads of German giant companies in Berlin

    Sisi meets heads of German giant companies in Berlin

    Date: 2019-11-21 00:44:07 GMT - Germany - Economy - SN:2 - ID:8197172

    Egyptian President Abdel Fattah El Sisi has reiterated Egypt's keenness on developing economic cooperation with the German business community. The president made the remarks Wednesday during a meeting with heads of German giant companies and ....

  • Beltone Financial: Egypt's tourism sector expected to register USD 16.4 bn in 2020

    Beltone Financial: Egypt's tourism sector expected to register USD 16.4 bn in 2020

    Date: 2019-11-17 20:41:33 GMT - Egypt - Economy - SN:5 - ID:8192137

    Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expected that Egypt's tourism sector will continue its growth during the next fiscal year 2020/21 to register USD 16.4 billion, compared to USD 12.6 billion ....

  • Beltone Financial: Egypt enjoys sustainable macro economic improvement Vs emerging markets

    Beltone Financial: Egypt enjoys sustainable macro economic improvement Vs emerging markets

    Date: 2019-11-16 17:28:17 GMT - Egypt - Economy - SN:1 - ID:8190541

    Egypt still enjoys a sustainable macro-economic improvement and GDP growth by more than five percent compared to other emerging markets, a leading investment bank said in a recent report. In its report published on Saturday, Beltone Financial ....

  • Egypt achieved economic progress that is lauded by int'l organizations -- Minister

    Egypt achieved economic progress that is lauded by int'l organizations -- Minister

    Date: 2019-11-13 23:19:53 GMT - Egypt - Economy - SN:7 - ID:8186784

    Finance Minister Mohamed Maait said on Wednesday that Egypt has achieved economic progress that is lauded by international organizations. In a statement, he added that such progress opens the door for pumping more investments into Egypt. He ....

  • Bourse indexes show mixed performance

    Bourse indexes show mixed performance

    Date: 2019-11-11 15:45:03 GMT - Egypt - Economy - SN:2 - ID:8183462

    The Egyptian Exchange (EGX) indexes showed a mixed performance at the end of Monday’s trading session prompted by sales operations by institutions, Arab investors and investment funds. The market capital lost about EGP 300 million, registering ....

  • Global pharmaceutical companies eye more investments in Egypt

    Global pharmaceutical companies eye more investments in Egypt

    Date: 2019-11-10 23:33:31 GMT - Egypt - Economy - SN:4 - ID:8182405

    Representatives of several global pharmaceutical companies operating in Egypt said they are willing to expand their investments in the country, making use of its strategic location, which represents a regional hub in the Middle East and ....

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