Economics

BT100 jury agrees on scientific criteria to measure performance, selection of award winners

Business Today Magazine, an affiliate of the Egyptian Media Group (EMG), is holding the biggest business event of the year…

PM: Govt seeks to set up investment zones in each governorate

BANHA, Egypt – 16 February 2020: Prime Minister Mostafa Madbouli said on Sunday that the government seeks to set up…

Planning Ministry targets 6% growth rate in 2020-2021: min.

CAIRO – 16 February 2020: The Ministry of Planning intends to reach a growth rate of six percent during the…

Oil Ministry seeks to increase crude oil, natural gas production, reduce costs

CAIRO – 16 February 2020: Minister of Oil and Mineral Wealth Tarek el Molla said the ministry's plan of action…

US dollar price goes down at Egypt’s major banks

CAIRO – 13 February 2020: The US dollar exchange rate went down during Sunday transactions at Egypt's major banks. The…

EGX ends Sunday’s session in red, market cap. loses LE4B

CAIRO – 16 February 2020: The Egyptian Exchange (EGX) Sunday’s session in red, losing around LE 4.06 billion of market…

GAFI, IDA agree on executive steps to encourage industrial investment

CAIRO – 16 February 2020: Board of Directors of the General Authority for Investment and Free Zones (GAFI) Mohamed Abd…

Remittances from Egyptian expats record $11.1B in 5 months

CAIRO – 16 February 2020: Remittances from Egyptian expatriates hiked 12.1 percent during first five months of fiscal year 2019/2020…

Gov’t seeks increasing financial allocations for health, education in FY 2020/21

CAIRO – 16 February 2020: Finance Minister Mohamed Maait has said that the government is aimed at increasing financial allocations…

Minister: We seek to revive textile industry, restore Egyptian cotton glory

CAIRO – 16 February 2020: Minister of Public Business Sector Hesham Tawfik said Sunday that his ministry continues carrying out…

Egypt’s unemployment rate fell by 09% in 2019: CAPMAS

CAIRO – 15 February 2020: Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Saturday that Egypt's unemployment…

Cabinet: Egypt achieves highest growth rate in 11 years, tops ME economies

CAIRO, Feb 15 (MENA) – The cabinet said on Saturday that Egypt has achieved the highest economic growth rate in…

BT100’s judicial panel announced, preparations for grand opening ongoing

CAIRO – 15 February 2020: Business Today Magazine, an affiliate of the Egyptian Media Group (EMG), is holding the biggest…

29 int’l deals inked in EGYPS 2020

CAIRO- 14 February 2020: A total of 29 international agreements and memorandums of understanding (MoUs) were signed during the Egypt…

Egypt key regional player in oil, gas sectors: French ambassador

CAIRO – 14 February 2020: French Ambassador in Cairo Stephane Romatet said Egypt has become a key regional player in…
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