Egypt declares war on the black market
IMF loan is mandatory and the pound price is to decrease
Dollar is expected to reach EGP 11
Egypt’s government has declared war on the black...
EGYPT set to liberalize trade in energy
Egypt has issued an executive regulation allowing the private sector to import natural gas directly, according to a statement from the Prime Minister's office.
Egypt's...
Commercial International Bank (CIB)
Commercial International Bank (CIB): Egypt’s largest-listed bank posted a 17 per cent increase in its first quarter profits compared to the same period last...
Egyptian Pound falls to 10.70 against dollar!
Egyptian pound keeps sliding against dollar in black market recording 10.50 for purchasing and 10.70 for selling.
This comes despite the Central Bank's devaluation decision,...
€100m from EBRD to develop Metro Line 2
The Egyptian Ministry of International Cooperation has signed on a €100m loan agreement from the European Bank for Reconstruction and Development (EBRD), to finance and upgrade...
Tourism confronts terror
Events in the country since 2011 have caused a regress in the movement of tourism in Egypt, and the decreasing number of tourists has...
EU-funded support to national water resources
The European Union (EU) is supporting Egypt's National Water Resources Plan, as part of its “Water Sector Reform Programme Phase II (WSRP II)”, with...
The National Museum of Egyptian Civilization: Egypt Remaking History!
The opening of the National Museum of Egyptian Civilization has been a long awaited big national project that has come to end on...
Probe Cooperation between Suez Canal, Panama Canal Authorities
President Abdel-Fattah AI-Sisi met Monday with Panamanian President Juan Carlos Varela, who praised the Egyptian political leadership for developing Egypt and enhancing its role...
Egypt’s Sisi to visit Kuwait and Bahrain this week
Egypt's president Abdel Fattah El-Sisi is heading to Kuwait on Sunday on an official two-day visit, to meet with Sheikh Sabah Al-Ahmed Al-Gaber Al-Sabah,...
Cat-and-Mouse game between the Egyptian government & traders
Monopoly is a form of market domination practiced by dishonest traders in order to make quick profits. They actually choose to burden the citizens,...
Latest article
Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...