Egyptian remittances increase by 19.7% to $5 billion after floatation
Remittances from Egyptian citizens working abroad rose by 23% in January to US$1.6 billion, compared to US$1.3 billion in January ...
Country: Egypt
Efforts to reinvigorate Egypt’s tourism industry gain traction
Egypt’s tourism sector has had a difficult few years, but a mix of initiatives from the government, including a new ...
Improvement in business confidence after floating the pound in Egypt
Economic activity for Egypt’s non-oil private sector accelerated the most since 2014, a sign that growth may be recovering after ...
Germany pledges $500 million to support Egyptian economy
Germany has offered Egypt $500m to support its economic program and its small and medium-sized businesses, said the Egyptian Ministry ...
Economic delegation discusses increasing German investments in Cairo
Minister of Investment and International Cooperation Sahar Nasr said that the government reached an agreement with the German chancellor’s G8 ...
Bright future for Egyptian hotel market: Colliers International report
In its full year review in 2016 about Egypt, Colliers International, the commercial real-estate leader, said that the hotels’ supply ...
Egypt’s GASC buy 535,000 tons of wheat
Egypt's state grain buyer GASC bought 535,000 tons of wheat in its international purchase tender, it said on Tuesday. Traders ...
Egypt has become attractive for foreign investment: US ambassador
US ambassador to Cairo Stephen Beecroft said the new US administration is doing its best to seek cooperation with Egypt ...
Oil to average $50 to $70 through 2022: Bank of America Merrill Lynch report
Brent crude oil prices will average $50 to $70 per barrel (/bbl) through 2022, according to an annual medium-term supply/demand ...
Britain agrees $150 million loan guarantee to Egypt
Britain finalized a US$150 million loan guarantee to Egypt, where Boris Johnson was on his first visit to the country ...
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