Egypt's Finance Ministry is recommending a tax on stock exchange transactions of 0.2 percent on both sellers and buyers, a senior ministry official told Reuters
By ReutersYesterday 06:00 PM
The number of tourists visiting Egypt increased by 25 per cent year on year in December to reach 551,000, according to central bank data.
By Aswat MasriyaYesterday 02:42 PM
Three Egyptian real estate executives said on Thursday that their companies have suspended housing deals with the Saudi Arabian government amid political tensio
By ReutersYesterday 11:45 AM
Egypt's decision to float its currency can already be declared a success, but it will take time for investment flows to return and revive its battered economy.
By ReutersWednesday 22-02-2017 05:38 PM
Egypt's central bank has agreed with Egyptian investors to settle credit lines opened before it floated the pound in November, alleviating debts
By ReutersTuesday 21-02-2017 01:45 PM
The Egyptian pound strengthened on Sunday, reaching a three month high, as importers' demand for dollars at banks eased, bankers told Reuters on Sunday.
By ReutersSunday 19-02-2017 02:45 PM
Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) said on Friday it bought 360,000 tonnes of Russian, Ukrainian and Romanian wheat.
By ReutersSaturday 18-02-2017 03:08 PM
The lowest offer presented at Egypt's GASC wheat tender on Friday was at $195 a tonne free-on-board (FOB) for 60,000 tonnes of Russian wheat.
By Aswat MasriyaFriday 17-02-2017 04:17 PM
Egypt's central bank left its key interest rates unchanged on Thursday at a meeting of its Monetary Policy Committee (MPC), holding fire as the pound currency s
By ReutersFriday 17-02-2017 09:34 AM
Egypt’s cotton exports jumped by 63.9 per cent during the first quarter of the planting season of 2016/17, the state’s official statistics agency said
By Aswat MasriyaThursday 16-02-2017 05:46 PM
Egypt's Juhayna Food Industries will cut investment in 2017 due to consumers' low purchasing power and raise prices by 5-10 percent this year
By Ehab FaroukThursday 16-02-2017 02:14 PM
Egypt's unemployment rate eased slightly in the fourth quarter of 2016 to 12.4 per cent from 12.6 per cent in the third quarter, state statistics agency said.
By Aswat MasriyaWednesday 15-02-2017 04:08 PM
Egypt hopes its gas market will be balanced in 2018 and expects to begin exporting by 2020, EGAS chief Mohamed Al-Masry said on Wednesday at an oil conference.
By ReutersWednesday 15-02-2017 03:02 PM
Egyptian Petroleum Minister Tarek El Molla expects to put in place a schedule to repay arrears to international oil companies soon
By ReutersTuesday 14-02-2017 05:03 PM