Let's come together to tax tech giants, say G20 officials eyeing $100 billion boost

Sat, Feb. 22, 2020

Leading world economies must show unity in dealing with aggressive “tax optimization” by global digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook

Planning minister discusses with AU official bolstering joint cooperation

Fri, Feb. 21, 2020

the African Union official praised the level of planning followed in Egypt, wishing it to be achieved in Africa.

CBE statement on unchanged interest rates

Thu, Feb. 20, 2020

In a statement published on Thursday, CBE stated that the decision comes as a result of monthly inflation, prices of fresh vegetables, GDP growth and global economic activity.

CBE keeps interest rates unchanged during February

Thu, Feb. 20, 2020

The discount rate was also kept unchanged at 12.75 percent.

Trade Exchange bet. Egypt, Belarus hits $130M in 11 months

Thu, Feb. 20, 2020

The most important items of trade exchange between the two countries include engineering and electronic goods, spinning, textiles, ready-made clothes, chemical products and fertilizers.

Egypt signs 12 trade, industrial agreements with Belarus

Thu, Feb. 20, 2020

The deals included an agreement between the Arab Organization for Industrialization (AOI) and the National Academy of Sciences of Belarus.

Dollar exchange rate down at Egypt's major banks

Thu, Feb. 20, 2020

At the Central Bank of Egypt, the dollar rate went down by two piasters to register LE 15.54 for buying and LE 15.64 for selling.

Oil minister: program to improve crude oil production, make more explorations

Thu, Feb. 20, 2020

The minister said increasing Egypt's oil output tops the ministry's priorities to bridge the gap between production and consumption.