Egypt, Toyota Tsusho discuss manufacturing natural gas-powered microbuses

Sun, Oct. 13, 2019

Egypt and Toyota Tsusho discussed on Sunday how the giant Japanese company can contribute to the government’s plans to manufacturing natural gas-powered microbuses.

EGX starts week on mixed note

Sun, Oct. 13, 2019

The benchmark EGX 30 declined 0.57 percent, or 81.8 point, to close at 14,220.47 points.

After inflation’s decline, will CBE cut rates in November?

Sun, Oct. 13, 2019

Registering a fourth consecutive monthly decline, Egypt’s inflation rates opened speculation once again in September about the expectations of possible interest rate decisions during November.

Egypt's trade deficit declines to $4.21 in July

Sun, Oct. 13, 2019

CAPMAS said that exports dropped 5.7 percent to reach $2.22 billion in July 2019, compared to $2.35 billion during the same month of 2018.

Egypt to become trade substitute for Israel: Palestinian PM

Sun, Oct. 13, 2019

Shtayyeh stressed that Palestine is seeking to expand the trade exchange and enhance the trade volume between Egypt and Palestine.

Egypt achieves primary surplus of LE7.1B in Q3

Sat, Oct. 12, 2019

The public debt is already declining; the ratio of government debt to GDP has dropped from 108 percent at the end of June 2017, to 90.2 percent in June 2019.

Egypt seeks daily oil production of 700,000 in 2019/2020 - minister

Sat, Oct. 12, 2019

Petroleum Minister Tarek El Molla said the Petroleum Ministry targets increasing the daily crude oil to reach 700,000 in the current fiscal year 2019/2020.

The road to success: AKAM Developments' Journey

Sat, Oct. 12, 2019

A Conversation with Mr.Edress Mohamed - CCO of AKAM Developments