Economy - Wikipedia Commons
Over fiscal year 2017/18, Egypt is scheduled to receive $4 billion from the IMF.
Habi-16 and Taurt-8 wells were put on production at an average of 140 million cubic feet of gas.
Egypt’s credit rating outlook maintained stable by global credit rating agency Moody's Investors Service late Friday.
The rebound is attributed to the efforts of the Ministry of Industry in promoting exports, and lifting ban on agriculture and tomatoes exports, Tarek Kabil said.
A number of 63 ships sailed through the Suez Canal, carrying a total volume of 3.8 million tons on Sunday, breaking a record.
The Ministry is currently planning to establish a free zone in Nuweiba, Minister of Investment Sahar Nasr said.
The average yields on Egypt's three- and nine-month treasury bills fell at an auction on Sunday, central bank data showed.
Egypt is ranked among the top eight vendors of IT services and products in the Middle East, Europe and Africa.
Custom officials at Cairo International Airport were able to foil an attempt to smuggle a large amount of foreign currency by a passenger coming from Dubai on Sunday.
Supply and Internal Trade Minister Ali Moselhi stressed the ministry's keenness on implementing an all-out restructuring plan of the Food Industries Holding Company.
The benchmark index EGX30 declined 0.71 percent to close at 13,026 points.
Among the economic reform measures assumed by the state, switching from in-kind subsidies to monetary subsidies is in progress.
The new unsubsidized houses are in six cities, namely New Cairo, 6th of October City, Obour City, Badr City, New Damietta City and New Minya.
Stock markets in the Gulf look set rise on Sunday after oil prices rallied at the end of last week
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